JNJ has breached its 200sma resistance, to enter "channel 1".
I would wait 2-3 closes inside the channel above the 200sma to enter a position.
Profit-exit ---> $144.2
Stop-loss ---> $133.19
Approximate RRR ---> 3:1
I would wait 2-3 closes inside the channel above the 200sma to enter a position.
Profit-exit ---> $144.2
Stop-loss ---> $133.19
Approximate RRR ---> 3:1
