Technical analysis jnj elliott wave
Details:
We follow a major potential background in the primary wave 2. A clear movement with five waves in the {I} wave suggests the first stages of an upward trend recovery.
Technical analysis jnj elliott wave
Details:
We expect a little more inconvenience to finish the wave (C), which should then rotate higher. This movement up could either mark the beginning of the wave minute {III} if the bottom of the primary wave 2 is confirmed, where it could be the beginning of the wave {C} of another degree.
Jnj Elliott Wave Summary:
This analysis by Johnson & Johnson (JNJ) examines the two every day And 1 hour Deadlines using Elliott waves theory To describe current market trends and predict the future price routes.
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Daily table:
We monitor the possible completion of a major primary wave 2. A clear impulsive sequence with five waves in the {i} wave indicates an early trend reversal, pointing to the start of a new bull cycle. -
Table of one hour:
On the lower time, the} wave correction appears almost finished, the wave (c) requiring a lower final thrust. A confirmed background could trigger a stronger bullish movement in the {iii} wave.
Technical analyst: Alessio Barretta.
Technical analysis jnj elliott wave [Video]
