Johnson & Johnson's most recent trend suggests a bullish bias. One trading opportunity on Johnson & Johnson is a Bull Put Spread using a strike $145.00 short put and a strike $135.00 long put offers a potential 12.61% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $145.00 by expiration. The full premium credit of $1.12 would be kept by the premium seller. The risk of $8.88 would be incurred if the stock dropped below the $135.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Johnson & Johnson is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Johnson & Johnson is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Johnson & Johnson
3 Stocks You Can Safely Own Until 2030
Tue, 23 Jan 2018 02:31:00 +0000
Sleep well holding shares of these three businesses for the next 12 years.
These 3 Dow Stocks, This Hot Chipmaker, United Airlines Earnings On Tap: Investing Action Plan
Mon, 22 Jan 2018 21:07:45 +0000
Dow components Johnson & Johnson, Verizon and Procter & Gamble report earnings Tuesday, along with hot chipmaker Texas Instruments and United Airlines.
[$$] Johnson & Johnson's Earnings Are Coming. Here's What to Watch.
Mon, 22 Jan 2018 20:12:00 +0000
As a bellwether for the industry, Johnson & Johnson’s (JNJ) earnings report tomorrow will be closely watched though most expect a solid quarter. Analysts, on average, expect Johnson & Johnson to report an adjusted fourth quarter profit of $1.72 on revenue of almost $20.1 billion. Here, three observers offer their outlook for Johnson & Johnson: • Allen Bond, co-manager of the Jensen Quality Growth : Bond is looking for three things.
3 Stocks Likely to Beat Earnings Estimates This Week
Mon, 22 Jan 2018 18:00:06 +0000
Investors are always looking to find companies that are poised to post better-than-expected earnings results and experience strong post-earnings gains. Today, we are giving our readers a very special treat: a free look at three of the strongest stocks likely to beat earnings estimates this week.
Earnings Preview: Johnson & Johnson And Procter & Gamble Take The Stage Tomorrow Morning
Mon, 22 Jan 2018 17:13:17 +0000
Healthcare giant Johnson & Johnson (NYSE: JNJ ) and consumer conglomerate Procter & Gamble Company (NYSE: PG ) are both scheduled to report earnings before market open on Tuesday, Jan. 23. Johnson & Johnson …
Related Posts
Also on Market Tamer…
Follow Us on Facebook