Johnson & Johnson, Elliott Wave Technical Analysis
Johnson & Johnson, (JNJ:NYSE): 4h Chart, 26 January 24
JNJ Stock Market Analysis: Looking for upside into wave 3 as we seem to have a three wave move into wave 2. Looking for a break of wave {b} to have additional confirmation.
JNJ Elliott Wave Count: Wave {c} of 2.
JNJ Technical Indicators: Between 20EMA and 200EMA, volume increases while price moves higher.
JNJ Trading Strategy: Looking for a break of {b} of 2 to enter long.
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Johnson & Johnson, JNJ: 1-hour Chart, 26 January 24
Johnson & Johnson, Elliott Wave Technical Analysis
JNJ Stock Market Analysis: Looking for additional upside into wave (iii) of {i}, there is a possibility we are in some sort of wave iv of (c).
JNJ Elliott Wave count: Wave {c} of 2.
JNJ Technical Indicators: 200EMA as support.
JNJ Trading Strategy: Looking for a break of {b} of 2 to enter long.