Johnson & Johnson seeks a bottom to bolster it - Analysis - 15-03-2019

Johnson & Johnson's stock fell one percent in the last session while trading alongside the upward short-term trend line, with positive pressure from the 50-day SMA, with positive signals from the RSI, while seeking a bottom to bounce it higher anew. 

Therefore we expect the stock to return higher, as long as the support of 134.98 holds on, targeting the resistance of 143.13. 

Expected trend for today: Bullish