Johnson Johnson (JNJ) strengthened in its latest intraday trading, supported by its continued movement above the 50-day SMA, which provides dynamic support and reinforces the stability of the prevailing medium- and short-term uptrend. Additionally, RSI indicators have started to flash positive signals after moving out of oversold territory, increasing the likelihood of further upward momentum toward new resistance levels.

Therefore, we expect the stock to rise in upcoming sessions, as long as support holds at 173.30, with the next target at the key resistance of 181.16.

Todays price forecast: Bullish.