Watch These Johnson & Johnson Price Levels After Stock’s Post-Earnings Pop
Key Takeaways
- Johnson & Johnson shares fell slightly Thursday after soaring yesterday amid investor optimism about the company’s better-than-expected earnings and full-year outlook.
- The stock rallied above key moving averages and a symmetrical triangle in Wednesday’s trading session, though it remains in a long-term trading range.
- Investors should watch crucial overhead areas on J&J’s chart around $168 and $180, while also monitoring major support levels near $155 and $145.
Johnson & Johnson (JNJ) shares lost ground Thursday after soaring yesterday amid investor optimism about the company’s better-than-expected earnings and full-year outlook.
The healthcare giant also slashed its tariff cost forecast, saying it now expects about…
