The JNJ stock is in a strong downtrend and has bounced back four times from it. We expect the stock to make a new low below $140, with a stop loss if it breaks above the last high at $167.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.