JNJ Watching for a Breakout

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Looking for a move up soon.
Have to watch carefully. Detail on 5 Min chart was more accurate, but TV doesn't allow publishing on that timeline.


*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*

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ملاحظة

Path was just a little different, relabeled. Made Entry and sold as it came down. Just re-entered, playing close to the vest in this down market.


May Add at 50/200 SMA Bull Cross soon

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Caution Advised. Divergence on Stoch, ran to hot to fast this morning.

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Exited at 159.41, will look for re-entry if we get a decent PB towards Wave 2 inflection point. $170 still possible target

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ملاحظة

JNJ just kind of fizzled through out the day.
The early spike was too fast to hold. Moved Stop Losses up to Pivot 1, and tagged out today. .382 FIB has been tagged, but the Pop & Drop invalidate the wave count in all likelihood.