Johnson & Johnson tries to shake off negative pressures - Analysis - 23-06-2022

Johnson & Johnson's stock (JNJ) rose in the last session while trading alongside the main upward medium-term trend line, with positive signals from the RSI, marking a profit of 1.58%, or 2.73 points, and settling at 175.74, shaking off negative pressure from the 50-day SMA.

Therefore we expect more gains for the stock, targeting the pivotal resistance of 186.69, provided it holds above 173.00.

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Expected trend for today: Bullish