Johnson & Johnson
Long

Strong bullish rebound at bottom of the support level

130
JNJ is eyeing a potential bottoming out action after price action shows strong bullish buying pressure since 10 Jan 2025. Yesterday's bullish candle was stronger than usual and it has closed above the conversion and base line of the ichimoku.

Long-term MACD is still bearish but mid-term Stochastic Oscillator has shown an oversold crossover. Near-term 23-period ROC is back above the zero line.

We could take a buy based on strong buying volume and is at the bottom of the consolidative range.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.