Johnson & Johnson moves in the descending channel again

After an upward breakout from the previous downtrend, Johnson & Johnson's stock price moved into a new descending channel. Yesterday, the price bounced off the lower border of the channel, forming a confirmed bullish Harami Cross. In addition, the DeMarker indicator has formed a bullish divergence, has already moved out of the oversold zone and is directed upward. We expect Johnson & Johnson stock price to grow towards the upper limit of the channel, possibly to the 171 level.