Monthly chart shows a lower high being made. Bearish head and shoulders pattern is evident. Look for break of lower support at the neckline. IF it breaks, then look for tgt at the $53 to $52 area.
Weekly chart shows a higher low, with support currently at $59.87.
Daily chart shows indecision with last week's trading. Currently price is trading below all moving averages.
Sunday, July 01, 2007
JNJ Analyis Update for 07.01.2007
Posted by TraderZ at 7/01/2007 01:32:00 PM
Labels: JNJ
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