Breach of support line imminent by Johnson & Johnson
Johnson & Johnson is moving towards the support line of a Rising Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Johnson & Johnson continues in its current trajectory, we can expect it to reach 131.83 within the next 11 hours.
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