11.08.2014 - Johnson & Johnson continues to correct
The price of shares of Johnson&Johnson after the change of the upward trend to negative reached the level of $ 100 per share, but was unable to fix below it. At the moment, quotations are moving near the upper limit of the local descending channel and in case of further reducing will reach the levels of support at 100.00, 98.80 and 95.00. For the resumption of the upward movement, the price needs to gain a foothold above 102.75. We are waiting for the price drop in the near future.