J&J Breakout over 174

٧ يناير ٢٠٢٢

A daily close above 174 is super bullish. I am sort of conflicted though on the over all trade. The chart has been in a trading range since Feb 2021 and it is finally breaking out but and this is a BIG BUT........ It is on LOW volume and we all know how that normally turns out so my thesis is short term bullish on this specific trade.