empty
20.07.2023 05:24 PM
JNJ stock price jumps on better than expected Q2 results.

This image is no longer relevant

Green lines- Fibonacci extension targets

JNJ stock price is trading around $168 from $158-$159 it was trading yesterday. Today the Q2 financial results were announced that topped Wall Street's expectations due to strong sales growth from the company's med-tech business. In our technical analysis yesterday we discussed the upside potential of the stock price of this company towards $165 and $170. The reaction to the financial results confirms our view and we already surpassed our first target.

Summary
Urgency
Analytic
Alexandros Yfantis
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Stock market on November 6: S&P 500 and NASDAQ recover slightly

Yesterday, US stock indices closed with gains. The S&P 500 rose by 0.37%, while the Nasdaq 100 gained 0.35%. The Dow Jones Industrial Average strengthened by 0.38%. The indices recovered

Jakub Novak 07:53 2025-11-06 UTC+2

Stock market on November 5: S&P 500 and NASDAQ suffer heavy losses

Yesterday, US stock indices closed with losses. The S&P 500 fell by 1.17%, the Nasdaq 100 plummeted by 2.04%, and the Dow Jones Industrial Average lost 0.53%. Global indices continued

Jakub Novak 08:40 2025-11-05 UTC+2

Stock market on November 4: S&P 500 and NASDAQ come under pressure

Yesterday, stock indices ended mixed. The S&P 500 rose by 0.17%, while the Nasdaq 100 gained 0.46%. The Dow Jones Industrial Average fell by 0.48%. However, today, pressure

Jakub Novak 08:08 2025-11-04 UTC+2

Stock market on November 3: S&P 500 and NASDAQ maintain their strength

Last Friday, stock indices ended with gains. The S&P 500 rose by 0.26%, while the Nasdaq 100 increased by 0.61%. The Dow Jones Industrial Average added 0.09%. American indices began

Jakub Novak 08:24 2025-11-03 UTC+2

Stock market on October 31: S&P 500 and NASDAQ see minor corrections

Yesterday, US stock indices ended lower. The S&P 500 decreased by 0.99%, the Nasdaq 100 fell by 1.57%, and the Dow Jones Industrial Average dropped by 0.93%. During today's trading

Jakub Novak 08:40 2025-10-31 UTC+2

Stock market on October 30: S&P 500 and NASDAQ hold at record highs

Yesterday, US stock indices closed mixed. The S&P 500 showed no movement, closing with a 0.00% change, while the Nasdaq 100 gained 0.55%. The Dow Jones Industrial Average declined

Jakub Novak 09:30 2025-10-30 UTC+2

Stock market on October 29: S&P 500 and NASDAQ maintains strong upside momentum

Yesterday, US stock indices closed with gains. The S&P 500 rose by 0.23%, while the Nasdaq 100 strengthened by 0.80%. The Dow Jones Industrial Average added 0.34%. Asian indices have

Jakub Novak 08:52 2025-10-29 UTC+2

Stock market on October 28: S&P 500 and NASDAQ at new all-time highs

Last Friday, US stock indices closed with gains. The S&P 500 rose by 1.23%, while the Nasdaq 100 strengthened by 1.86%. The Dow Jones Industrial Average added 0.71%. After reaching

Jakub Novak 08:35 2025-10-28 UTC+2

Stock market overview for October 27: S&P 500 and NASDAQ hit fresh record highs

Last Friday, US stock indices closed higher, with the S&P 500 up by 0.79% and the Nasdaq 100 gaining 1.15%. The Dow Jones Industrial Average increased by 1.01%. The record

Jakub Novak 08:45 2025-10-27 UTC+2

Stock market on October 24: S&P 500 and NASDAQ on track for new all-time highs

Yesterday, US stock indices ended in positive territory. The S&P 500 rose by 0.58%, and the Nasdaq 100 strengthened by 0.89%. The Dow Jones Industrial Average added 0.31%. Asian indices

Jakub Novak 09:23 2025-10-24 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.