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

Economies.com
2020-05-21 10:17AM UTC

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 

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