Johnson & Johnson returns higher - Analysis - 12-02-2020

Johnson & Johnson's stock returned higher amid the dominance of the main upward short-term trend, with support from the 50-day SMA, marking a minute 0.09% profit while gathering momentum to help maintain upward momentum as the RSI reach oversold levels. 

Therefore we expect more gains for the stock, targeting the resistance of 154.32. 

Expected trend for today: Bullish