Johnson & Johnson stocks perfectly worked out the previous reversal signal: a hammer and RSI reversal from the oversold zone helped the stocks grow against the falling market.
Now, a new signal of the trend change has appeared on the chart: harami. There is no confirmation of the RSI reversal so far, so it is worth watching the next candlestick on the chart. In case of decrease, the levels of 166.6 and 164.4 can be reached.
This content is for informational purposes only and is not intended to be investing advice.
