Categories: Technical analysis

Johnson & Johnson Wave Analysis – 18 April 2025

Johnson & Johnson: ⬆️ Buy

– Johnson & Johnson rising inside weekly price range

– Likely to test resistance level 165.60

Johnson & Johnson continues to rise in the primary upward impulse wave 3, which started earlier from the major support level 145.00 (lower border of the weekly sideways price range from 2023).

The upward reversal from the support level 145.00 previously formed the weekly Japanese candlesticks reversal pattern Hammer Doaji – which reflected the strength of this price level.

Johnson & Johnson can be expected to rise to the next resistance level 165.60, the upper border of the active sideways price range.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team

Recent Posts

Platinum Wave Analysis – 8 January 2026

Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…

10 hours ago

Baidu Wave Analysis – 8 January 2026

Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…

10 hours ago

EURUSD Wave Analysis – 8 January 2026

EURUSD: ⬇️ Sell - EURUSD broke daily up channel - Likely to fall to support…

11 hours ago

WTI crude oil Wave Analysis – 8 January 2026

WTI crude oil: ⬆️ Buy - WTI crude oil reversed from support zone - Likely…

11 hours ago

Do not underestimate dollar

Positive macro statistics for the US are helping the greenback. Gold could rise to $4,610…

18 hours ago

Crypto fails to find support for a breakout

Crypto markets fell amid caution; Bitcoin and Ethereum face technical and investor shifts, with privacy…

19 hours ago

This website uses cookies