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Aug
22
Filed Under (Medical, Stock Charts) by admin on 22-08-2008

JNJ is one of the few companies listed on the DJI that has actually gone up this year. The stock has been performing espeically well since its July breakout and is one of the few DJI stocks that have been consistently posting higher highs and lower lows over the past 3-4 years. The stock is up around 7% this year and just needs to consolidate to hold above resistance at about 67 and will be fine. I’m going to keep an eye out for this not expecting huge returns or trading opps, but more for sustainability and solid returns.JNJ

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