Johnson & Johnson - Healthcare outperforming

JNJ has breached its 200sma resistance, to enter "channel 1".

I would wait 2-3 closes inside the channel above the 200sma to enter a position.


Profit-exit ---> $144.2
Stop-loss ---> $133.19
Approximate RRR ---> 3:1
Harmonic PatternshealthcareTechnical IndicatorsJNJjohnson_and_johnsonoutperformerParallel ChannelPHARMAprofit_exitstoplossTrend Analysis

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