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    J & J Short Term: short term rebound towards 153.1

    Apr 27, 2024 04:16
    J & J (JNJ.US)
    0.1+0.07%
    short term rebound towards 153.1.
    image
    Our pivot point stands at 143.3.

    Our preference: short term rebound towards 153.1.

    Alternative scenario: below 143.3, expect 140.1 and 138.1.

    Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 149.784 and 155.253).

    Supports and resistances:
    157 **
    155.1 *
    153.1 **
    151.1
    146.14 (USD-last)
    144.6
    143.3 **
    140.1 *
    138.1 **

    Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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