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< Back :: Daily Swing Trade: JNJ

Daily Swing Trade: JNJ

JNJ/Johnson & Johnson - This is not the most exciting or glamourous stock, but this is a high-risk one day pullback in an uptrend.  Traders who want to buy JNJ should set the alarm at last Friday's high, with the initial stop loss placed just above last Friday's low.  IF the buy stop is elected, I think it would be good to see it close ABOVE 54.85 before taking it home overnight.

04.02.09 09:17 #