JGessel

Possible Cup and Handle on JNJ

Long
NYSE:JNJ   Johnson & Johnson
Been tracking JNJ for a few days now. It's been following pretty predictably after an inverse H&S at the bottom and has been on a smooth ride up since. There's strong resistance at the $140 line, and it has already bounced off of it twice. If it crosses, we could have a potential breakout to $152.
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