JNJ : Booking profit and expecting a sell-off
Price is at the top of the internal structure. There is a high probability for a short term reversal move to the low of the HTF structure.
Since the overall market is primed for a crash and Pharma is a sector which is not within my circle of competence, I think it is better to book profits and wait for a crash, if any.
Will consider a re-entry if market comes down to better entry levels.
Booked around 11.26% of capital involved in this trade.
Since the overall market is primed for a crash and Pharma is a sector which is not within my circle of competence, I think it is better to book profits and wait for a crash, if any.
Will consider a re-entry if market comes down to better entry levels.
Booked around 11.26% of capital involved in this trade.
Trade fermée manuellement
Closed position at 173.01 USD. Booked a profit of 11.26% of capital involved.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.