theguinnessinvestor

JNJ IH&S Neckline Push

NYSE:JNJ   Johnson & Johnson
JNJ is looking healthy to push higher. The 8dma/50dma crossed today, a historically good sign for JNJ. There seems to be an IH&S forming on the daily, with JNJ nearing neckline level at 150. The MACD is beginning to converge quickly as well. With the recent ER beat, looks good to make new highs.
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.