JNJ update

See also previous blogs;

jnj nov 2012

As expected JNJ has started to break down. Two counts are possible, one with a triangle in the middle and the other with a straightforward (running) flat. Both roads lead to Rome and it is purely academic which is the correct one. If one uses one’s imagination a 5th wave could even be argued with identical consequences. The double top is icing on the cake. A sell.