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JNJ Chart

 
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arthur
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PostPosted: Sun Dec 11, 2005 10:51 am    Post subject: JNJ Chart Reply with quote
JNJ closed at 60.10 Friday and fell to 60.00 in afterhours. It may finish the week around 60, when Dec options expire. However, it may rise between 61 and 63 sometime next week, since it's in the lower range of the downward channel. Dec or Jan 60 calls may be worth the risk at 60. Moreover, JNJ is a long-term buy, because of its strong consumer, pharma, and medical segments.

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