Johnson & Johnson's most recent trend suggests a bearish bias. One trading opportunity on Johnson & Johnson is a Bear Call Spread using a strike $105.00 short call and a strike $115.00 long call offers a potential 12.99% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $105.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $8.85 would be incurred if the stock rose above the $115.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Johnson & Johnson is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Johnson & Johnson is bearish.
The RSI indicator is at 59.82 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Johnson & Johnson
Johnson & Johnson: A Compelling Buy, But I Would Wait For A Pullback
Sun, 29 Jun 2014 16:33:12 GMT
Should Dividend Investors Eject Johnson & Johnson?
Fri, 27 Jun 2014 21:02:37 GMT
Pfizer and J&J Give Each Other Headaches Over an Advil ad
Fri, 27 Jun 2014 18:51:24 GMT
Bristol-Myers, Pfizer, Regeneron Drugs Get EU Nods
Fri, 27 Jun 2014 15:50:00 GMT
Pfizer, Bristol clot drug wins EU green light for wider use
Fri, 27 Jun 2014 11:10:54 GMT
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