Johnson & Johnson attacks pivotal resistance - Analysis - 28-07-2021

Johnson & Johnson's stock (JNJ) rose 0.46% in the last session, tackling the pivotal resistance of 172.70, while trading alongside the main upward medium-term trend line, with positive pressure from the 50-day SMA.

Therefore we expect more gains for the stock, targeting the resistance of 179.40, provided the resistance of 172.70 was breached. 

Expected trend for today: Bullish