ownsov

Long JNJ @ 180.81: Fractal breakout

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NYSE:JNJ   Johnson & Johnson
This was initially a short position. Both daily and weekly alligators have been asleep and wandering aroung the balance line for some time.

The short position was closed and reversed today to the long side @ 180.81 after breaching the last upside fractal of 179.45.

Adding on if price reaches the weekly fractal of 181.74.

Both stop loss and target is whenever price closes below the daily BL.

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