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.%
1.2107
0.0110
0.9186%
1.3365
-0.0005
0.0385%
Tadawul
8694.13
-17.99
0.21%
24.050
1.804
8.107%
45.215
-0.115
0.254%
48.11
0.70
1.48%
1829.760
53.580
3.017%
 
 
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