JNJ - Bullish Divergence!  

Posted by Book Eater

RSI up, MACD above zero line with fast crossing slow line.
Falling Wedge pattern.

Let's trade this!
Fundamentally good stock- read business week na lang (voted as one of the best investability quotients)


Technicals: not too volatile (as seen from the 52-wk range)

Buying JNJ at 62.65 is just very close to its 52 wk low of 59.72 (just around 5% downside risk).

Closed at the high, volume is okay:)

- Nix

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