JNJ Long Term Short & Weekly Double Top
Damaged sentiment. Damaged general market conditions. Very nice chart setup. Early entry short at 121, confirmation entry upon break & close below 120.
Will be picking up some long term ATM Naked LEAPS upon safe breaking of 120.
The yellow areas are vulnerable places where price may visit, "vulnerable" meaning that price never went back creating an unfilled gap..
Smaller area is actually a strong support zone, and may be a shorter-term profit area.
Will be picking up some long term ATM Naked LEAPS upon safe breaking of 120.
The yellow areas are vulnerable places where price may visit, "vulnerable" meaning that price never went back creating an unfilled gap..
Smaller area is actually a strong support zone, and may be a shorter-term profit area.
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