Directional Movement
SMA Bearish Trend
200 SMA Confirming Downtrend
no comment
Short-term rebound taking place...
I think it is possible
Wait for Monday's close to confirm bottom. Stop loss is Friday's low or the candle before the hammer highlighted (~87.70). I think the market is done pricing in "taper."
$5 pullbacks in mega cap stocks should be noted.....
Bottom ?
Maybe four back tests is enough?
Long way to go IMO. L bear put spread
Short set up
JNJ
Broke a YTD uptrend line
See our full analysis at www.investazor.com
long setup . looking for retracement to resistance support to buy
long setup. trading range breakout. trigger = BO above $86.00
2013 continues to be freindly for JNJ
