Categories: Technical analysis

Johnson & Johnson Wave Analysis – 30 September 2025

Johnson & Johnson: ⬆️ Buy

– Johnson & Johnson broke key resistance level 180.00

– Likely to rise to resistance level 190.00

Johnson & Johnson recently broke sharply above the key resistance level 180.00 (which stopped the previous minor impulse wave 3 at the end of August).

The breakout of the resistance level 180.00 accelerated the active impulse wave 5 of the intermediate impulse wave (3) from April.

Given the predominant daily uptrend, Johnson & Johnson can be expected to rise to the next resistance level 190.00, target price for the completion of the active impulse wave 5.

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.

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The FxPro Tech Analysis Team

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