Johnson & Johnson tries to garner momentum - Analysis - 21-05-2020

2020-05-21 10:17:24 GMT (Economies.com)
 

Johnson & Johnson's stock fell 0.90% in the last session, with negative signals from the RSI, while gathering momentum to help it rise anew, amid the dominance of the main upward trend, with support from the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 154.13, provided the support of 144.92 holds on. 

 

Expected trend for today: Bearish 

 
 
 
  Symbol Last Change Chg.%
1.1236
0.0117
1.0509%
1.2574
0.0160
1.2877%
Tadawul
7222.41
-62.82
0.86%
17.642
-0.437
2.417%
36.742
2.255
6.539%
39.45
-0.12
0.30%
1698.300
-34.385
1.984%
 
 
News Today