Johnson & Johnson surrounded with positive signals - Analysis - 04-05-2021
Economies.com
2021-05-04 09:55AM UTC
Johnson & Johnson's stock (JNJ) returned higher with a 1.52% profit in the last session amid the dominance of main upward trend in the medium term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, targeting the resistance of 173.57, provided the resistance of 166.18 was breached.
Expected trend for today: Bullish
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