Intraday Technical Analysis Of Johnson & Johnson
Image Source: Pixabay
Today’s instrument is the Johnson & Johnson stock traded in NYSE exchange under the ticker JNJ.
JNJ is announcing its quarterly earnings today, and if the market’s anticipation is positive then we should expect it to rise toward its resistance level at around $175, otherwise it should fall towards its support level at around $165.
(Click on image to enlarge)
More By This Author:
Daily Technical Analysis Of EURUSD - Monday, Jan. 23
Intraday Technical Analysis Of Halliburton Co.
Daily Technical Analysis Of EURUSD - Friday, Jan. 20
Disclaimer: Trading is risky. Information presented herein, is not to be constructed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any particular ...
more