Johnson & Johnson attacks pivotal resistance - Analysis - 13-12-2018

Johnson & Johnson's stock rose 0.41% in the last session, or 0.60 points, tackling the pivotal resistance of 148.14, amid positive support from the 50-day SMA, with positive signals from the RSI, and amid the dominance of the main upward trend in the short term. 

Therefore we expect more gains for the stock, especially if the resistance of 148.14 was breached, targeting the next one at 153.99. 

Expected trend for today: Bullish