Johnson & Johnson rallies - Analysis - 15-01-2021

Economies.com
2021-01-15 09:13AM UTC

Johnson & Johnson's stock (JNJ) rallied 1.75% in the last session amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, countered with negative signals from the RSI. 

 

Therefore we expect more gains for the stock, targeting the resistance of 166.20, provided the support of 156.65 holds on. 

 

Expected trend for today: Bullish 

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