PaperBozz

$JNJ - Triangle break out - Target $185

Long
NYSE:JNJ   Johnson & Johnson
The price broke above the triangle passed through prior all time high.
The measured move of the breakout is $195.
Look to take profit around $185.
Good case - $185
Best case - $195
Stop loss - below $172
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.


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