This strategy dissects the dual nature of big pharmaceutical firms like Johnson & Johnson, Pfizer, Moderna, and Merck & Co viewed through base Fibonacci Extension Clustering. Despite big pharma's significant contributions to healthcare, these firms have benefited from questionable practices, including price manipulation and exploiting addictions . Price...
XLV health care has had a tremendous rally as money has moved into these defensive business models. LLY looks primed for a decent pullback .
Hi Guys, the opinions expressed ere are of my own. This is not financial advise and i am not a financial advisor. Okay lets jump right in! This is on the WEEKLY timeframe. Since JNJ is a divi stock, this for me would be long term hold or swing. Indicators: 1. 200 Week moving average (red line) - ABbreviation= (200 "WMA") 2. RSI Historically, as you can see...
Hi guys welcome. The ideas expressed on this chart are my own opinions. This is not financial advice and i am not a financial advisor. Im a student of the charts and do this to improve my skills. Anyway, i posted a JNJ chart last week on the Weekly timeframe. Mentioning how it could be a good time to buy some as we are touching up against the 200 week moving...
Analyzing the options chain of JNJ Johnson & Johnson prior to the earnings report this week, I would consider purchasing at the money Calls with a 165usd strike price and an expiration date of 2023-4-21, for a premium of approximately $2.36. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I am interested...
I picked on random a popular US pharma stock , J&J which was in the news recently for being fined 9.8 billion dollars and compare it with the US stock index , SPX 500 over a rough 20 years period. So, say you are 30 years old back then and you put the same amount of money, $10,000 into each of these assets. 20 years later, the stock you bought, J&J would yield...
JNJ broke it's downtrend recently and bounced off strong support of $150, moving avergaes are crossing up we are trading below the cloud so plenty of resistance at $158 and $166,. I would buy and ADD
SPY - Interesting day on SPY. We said yesterday that the markets could realistically go either way, but we were watching more so to the downside due to the failed 2U formed on Monday that was followed by a 2D yesterday, and having that small bearish bias by simply playing what is in front of us vs using other reasons for bias. SPY ended up gapping up premarket and...
The prices close to the support area. We are expecting the price to retest the support and hit our entries at 159.15 and 156.20. It looks like the price is in the well defined down trend. Therefore, our first target for this long position is at the downsloping resistance and our final target would be at the upper boundary of the range which should be acting as a...
the last time i posted was about when it hit the last low of around 152/151.5 just posting an update, seems to be coming back into the buy area, and the next price target would be around 162 if a full run were to happen $spy on the other hand... still remaining under 400 is scary and fed announcements coming next week, this will determine how the next quarter...
JNJ is oversold here and near long term support, I'd expect a bounce over $162 in coming days
Looking the price of JNJ in an interesting level after a brutal sell off.
Hi, The market has made some pretty good moves up and the current slight correction is bringing prices back to technically good levels and Johnson & Johnson is one of them. Johnson & Johnson (J&J) is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer goods. Technically, it has been quite difficult...
The trendline is the most common part of technical analysis in forex trading. But when compared to support and resistance, trendlines are less commonly used. The trendline should be more significant due to the number of touches. Trendlines are very suitable in combination with several technical indicators, one of which is the Money Flow Index ( MFI ). MFI is an...
Both macro (lawsuit, bankrupcy denied to mitigate fines) and technical points to downside in the short term. Here we see a head and soulders formation, with downside target coinciding with monthly 100 SME. Strong support for long term hold.
CVS has been incredibly week and leading the decline in healthcare. Often leading stocks will find a near term bottom before the health care sector does. CVS is one of our potential long plays as we approach the next 1-2weeks. Sing up for our Trading Capital alerts to know when we buy.
PFE - failed 2u-1 on the daily, looking for more downside tomorrow. Put Trigger below 44.83. Put SL/Call trigger set at 45.32 JNJ - has a 2-1- on the daily. Feeling neutral but would prefer downside on this play. Call trigger above 169.62, Put trigger below 167.50. JNJ has earnings report tomorrow so be careful trading this one. (SL for call and put trigger is...
Johnson & Johnson has rejected the Heartline of the Equidistant Channel while showing Bearish Divergence on the MACD and RSI and as a result i now think it will be heading for a minimum .382-.618 Retrace and i will be playing it via monthly put options.