JNJ trade ideas
JOHNSON & JOHNSONAn eventual breakout of JOHNSON & JOHNSON of the blue trendline will give a bullish signal, with the target area at $ 126.90/127.00 and the stop loss at $ 119.90/120.00. For breakout, I mean a close of JNJ above the trendline.
JNJ Stock Bulls Aiming at $150 a ShareA textbook A-B-C zigzag correction with an ending diagonal wave C indicates the recent decline was just a pullback within the larger uptrend. $150 is still there for the taking!
JNJ - 10% Upside OpportunityPrice is showing sign of a completed ending diagonal structure.
We are looking for price to move higher from here potentially towards 133.43 - 136.93 area.
**Disclaimer - This analysis alone DOES NOT warrant a sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
Johnson & Johnson (JNJ)The "Short" opinion expressed is on a mere technical, and medium term, factor.
JNJ is one of the top rating notch in USA with an AAA. In or view the company is really well managed with an interesting dividend yeld of 2.9%.
In 2018 we still belive that earning per share could reach 7.00 dollars, and in 2019 8.00 dollars; the Vision Care and the Surgery business could lead this earnings improvement.
Total debt: 32.5 bill.
Annual net profit: 16.6 bill.
Johnson And Johnson, i am waiting for the pullback!another booring slow moving company that needs to pullback zzzzZZZzzzzZZZzzzzz
Johnson & Johnson (NYSE: JNJ)_May_08_2018JNJ has had a good run since the beginning of 2017. Although, the stock price has dropped from a high of $148 to $122, I think reality is catching up with investors that equity valuations have been quite expensive and that it is time for some correction. I believe the fundamentals of the company remain strong although the liabilities with rising interest rates may be a cause for concern.
I believe the current scenario presents an opportunity to short the stock. Based on the head the shoulder pattern, the price is expected to drop to $110-$115 range.
Johnson & Johnson shares Buy IdeaJNJ shares Buy Idea @ Weekly Demand Zone (114.70 - 110.71)
Buy Limit: 114.70
Stop Loss: 109.07
Take Profit: 128.32
JOHNSON & JOHNSONI see prices going lower, possibly close to the 120.00 Region.
We could see a potential bounce on this region, however prices could of course go a lot lower and reverse up to highs of 136.00.
Let's Wait And See !
Blood Sugar Makes You HighJohnson & Johnson has been honored for its dedication to people, innovation and the health of people around the world! Therefore, A Model Company.
Economically, a new blockbuster is emerging! The company has received a takeover bid for its blood glucose control business. The investment company Platinum Equity is willing to pay 2.1 billion US-Dollar for this division of the US pharmaceutical company.
Our recognition - blood sugar makes you high!
What has happened lately?
Johnson & Johnson hit the list of the best jobs Glassdoor's 2018. The company was named to Glassdoor’s 2018 List of best places to work, based solely on the positive feedback from its employees.
Additionally, Johnson & Johnson named a 2017 Fortune's Most Admired Company.
However, last year's financial results were rather disappointing. Johnson & Johnson's net income for 2017 was $1.3 billion, compared to $16.5 billion a year earlier.
A contributing cause for the lousy results was the tax payments of $13.6 billion required in the fourth quarter of last year.
At the same time, the company's worldwide sales for the full-year 2017 grew. According to Johnson & Johnson's 2017 Full Year Earnings Report, the company announced $76.5 billion in sales in 2017, with growth reported in all three sectors: Consumer, Medical Devices and Pharmaceuticals. This is an increase of 6.3% versus 2016.
What to expect from Johnson&Johnson this year?
In the annual forecast for 2018, the company indicated the expected revenue of $80.6 billion to $81.4 billion. The company also announced adjusted earnings guidance for full-year 2018 of $8.00 to $8.20 per share compared to recorded $7.30 in 2017.
Afterwards, as mentioned earlier, there is a lucrative takeover bid of $2.1 billion for its blood glucose control business.
What do the technical analysis methods I use say?
Oscillator: The RSI is around 53 - the rise above the 50 mark is reached!
Price Indicator: The stock price is below the SMA200 ($136). This resistance is now to crack!
Trend indicator: The MACD is currently in the positive zone.
As it is seen in the chart, after the publication of the financial figures at the beginning of the year, there was a veritable consolidation. This could have currently found a bottom.
The question arises: "Is a stable countermovement started now?"
Now the SMA 200 (blue line at around $136) has to be overcome, after this the way to the first target (visible in the chart as a green line) is probably largely free.
The risk management tool used here is the own-developed “Traffic Signals System” (TSS) and is preferably used in analyzes by Ritschy Dobetsberger.
The black line in the chart: the starting price of the idea is 133.80 US-Dollar.
The red line in the chart: the stop loss is lying at 125.00 US-Dollar.
The green line in the chart: First goal in the idea at around 148 US-Dollar.
Disclosure:
"The trading ideas published here are neither to be understood as a recommendation nor as an offer or an invitation to buy or sell financial instruments and should not be understood as such.
You must also assume that the author holds the recommended position in his portfolio and benefits from the implementation of his trading ideas."
Long on JNJWait until the candle closes above the trendline and then buy in antisipation that JNJ will go up in price.
JNJ looks like it will have another leg downJNJ is currently forming a bear flag, which if confirms to the down side, projects to drop into the box (around $117.50). Lots of resistance overhead, all the moving averages and the .236 fib at 133. The more time JNJ spends below 133, the more likely it is to break down. Trade carefully
JNJLong JNJ via short put spread.
Short Mar16 125/130 put spread for $1.10.
POP: 69%
BPR: $390
Max loss: $390
Max Win: $110
Target: 50-60% of credit received
Stop loss: Price at $127 or $350ish loss.
short 130 put: 37 delta
long 125 put: 15 delta
If this starts to get really ugly, I may pull off before $127.
JNJ wait for a break of supportJNJ made a bearish move after earnings.
There was a recent period of consolidation / pause.
Opportunity to look for break-down of support to make a bearish trade
LONG ON JOHNSON & JOHNSON?JOHNSON & JOHNSON.
We're currently in a bearish trend, could we go back to the upside?
I believe that we could see some real bullish movement if prices takes out our prior higher high sitting near the 134.00 Region, up to highs of at least 142.00.
TP: 142.00/146.00/148.00
Sector: Healthcare. Pharamaceuticals.
Vol: 1.544M
EPS: 0.47
Market Cap: 351.585B
P/E: 338.94
Div Yield: 2.57%
JNJ: another fallen giantJNJ is yet another giant trading under the 200SMA.
Even though we had a strong earnings beat last week JNJ was not protected from the dip.
When the inevitable bottom is formed, I will be looking at these large caps under the 200 for bargain buys.
Hard to say what the near term status is for JNJ, following that of the market.
I would be looking for buys in the $122 range.
