Shares of Johnson & Johnson, one of the leading retail holdings, are moving within a long-term downward channel but have been correcting upward since the middle of last month: the price reversed at 143.75 (Murrey level [2/8]), moved into the positive part of Murrey’s trading range and tested mark 153.12 (Murrey level [5/8]), overcoming which will allow it to reach the area of 156.25 (Murrey level [6/8]), 159.38 (Murrey level [7/8]) and 162.50 (Murrey level [8/8], upper limit of the downward channel). 

Securities of the retail holding Johnson & Johnson are trading at 151.00.