jojofang0901

Johnson & Johnson Looking for the next bull move

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jojofang0901 تم تحديثه   
NYSE:JNJ   Johnson & Johnson
Hi traders:

JNJ, is shaping up to a great opportunities for long.

We have price impulse to the upside, and now forming a nice correction structure channel.

I am patiently waiting for the last bit of price action to complete to give me extra confluence on a long.

I would like to see price correctively go lower once more and complete the smaller structure within the larger correction.

That would give me the best Risk/Reward to go long to the recent tops.

Alternatively, if price begin its bull run form here, then I would wait for breakout of this larger structure and look for continuation correction in the lower time frame.

Thank you
تعليق:
Look for a continuation to develop here

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