Johnson & Johnson declines in volatile session - Analysis - 02-06-2020

Johnson & Johnson's stock fell 1.05% in the last session, ending a volatile session while gathering momentum to help it rise anew, amid the dominance of the upward medium-term trend, with positive signals from the RSI, coupled with positive pressure from the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 154.13, provided the support of 144.92 holds on. 

Expected trend for today: Bullish