124.0300
Change
1.0200
Change %
0.8292%
Open
124.0300
Close
124.0300
High
124.0300
Low
124.0300
Johnson & Johnson slips on profit-taking - Analysis - 20-03-2017
2017-03-20 13:10:53 GMT (Economies.com)
Johnson & Johnson slips on profit-taking - Analysis - 20-03-2017
 

Johnson & Johnson's stock (JNJ) fell in the intraday levels, recording a loss of 0.31% in the last session, or 0.40 points, as traders took profits of past short-term gains, while the stock gathers positive momentum to help it rise again, as long as it settles above the pivotal support of 125.90, amid the dominance of the main upward medium-term trend along the trend line, with ongoing positive pressure from the SMA for the last 50 days period, coupled with a noticeable rise in trading volumes. 

 

Therefore we expect the stock to return higher in the coming trading, as long as the support of 125.90 holds on, targeting the resistance of 130.62. 

 
 
 
  Symbol Last Change Chg.%
1.1398
0.0019
0.1639%
1.2964
0.0039
0.3044%
16.772
-0.035
0.211%
45.205
0.320
0.713%
47.95
0.58
1.22%
1245.120
-4.090
0.327%
 
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