EliHarfoush

Johnson & Johnson Buy

NYSE:JNJ   Johnson & Johnson
Here is my view on JNJ; it is at a support level in a very long uptrend; There is a potential of 15% appreciation if taking profit before the resistance level on cash equity without using leverage.
If using leverage, I'd risk 5% from my trading capital and put a SL below the support area, the Reward to risk will be around 6 to 1 or 30%.

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.