16.10.2014 - The price of Johnson & Johnson has stabilized above $ 90 per share

The price of Johnson & Johnson after a sharp fall reached the target level of 96.00 and is consolidating above this mark. In case of upward correction, quotations may rise to the level of 100.00, but further growth in the medium term is unlikely. We recommend holding short positions with the targets near 90.00 and 82.00 and stop above 100.00. According to our estimates, the company's shares have the potential to fall by 10-15% and will be reduced in the medium term.

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