Stock Of The Day: Johnson & Johnson Hits Crucial Roadblock — Can It Break Through?
Stock Of The Day: Johnson & Johnson Hits Crucial Roadblock — Can It Break Through?
Investors loved the Johnson & Johnson (NYSE:JNJ) earnings report. The stock is trading much higher, but it has stalled out around an important resistance level.
投資者喜歡強生（紐交所：JNJ）的盈利報告。股票價格大幅上漲，但已在重要的支撐位附近停滯。
In financial markets, some price levels have more importance than others. As you can see on the chart, the $155.00 has been an important one for JNJ. It has been both a resistance and a support level. That's why it is our Stock of the Day.
在金融市場上，一些價格水平比其他水平更重要。正如圖表所示，155.00美元一直是強生公司的重要價格水平。它既是支撐位，也是壓力位。因此，這就是我們股票的精選。
The stock found support around $155.00 in February before reversing and moving higher. After selling off in March, it found support again around the same level.
該股票在2月份碰到155.00美元的支撐後開始反彈上漲。在3月份出售後，又在同一水平附近再次找到支撐。
Remorseful sellers can cause support to remain intact for an extended period.
深感懊悔的賣家可以使支撐位長期保持完好。
There are traders and investors who sold when the shares were at support #1 on the chart. When the price moved higher, many of them decided they made a mistake. They pledged to repurchase their shares if they can buy them back at the same price they were sold.
有些交易者和投資者在圖表上看到支撐位1時進行了出售。當價格上漲時，他們中的許多人發現自己犯了錯誤。他們承諾如果以相同的價格回購已售出的股票，則會重新購買股票。
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So, when the shares returned to $155.00 in March, many of these disappointed sellers placed buy orders. This large concentration of these orders resulted in support forming. This is support #2 on the chart.
因此，在3月份，當股票回到155.00美元時，這些失望的賣家中的許多人下了買單。這些訂單的大量集中形成了支撐位。這就是圖表上的支撐位2。
After eventually breaking the support in early April, Johnson & Johnson headed lower. But then it reversed and rallied back to $155.00 in May. Then it became a resistance level.
在4月初最終衝破支撐位之後，強生股價下降。但隨後它反彈，並在5月回到155.00美元。然後它變成了一個壓力位。
Levels that were support can convert into resistance because of buyer's remorse.
由於買家後悔，支撐位可以轉化爲壓力位。
Many of those who purchased their shares at $155.00 decided they made a mistake when the price fell below it. Some of them decide to exit their positions at breakeven if possible.
當股價跌破155.00美元時，許多那些以155.00美元購買股票的人認爲自己犯了錯誤。他們中的一些人決定在可能的情況下以平倉價退出自己的持倉。
When the shares rallied back up to this price, these remorseful buyers placed sell orders. There were so many of these sell orders that it created resistance. This is resistance #1 on the chart.
當股票再次升至此價位時，這些懊悔的買家下了賣單。賣單如此之多，導致了支撐位形成的壓力位。這是圖表上的壓力位1。
After selling off, the shares have rallied back to $155.00. Once again, they have hit resistance.
在股票售出後，股票重新上漲到155.00美元。它再次碰到了阻力位置。
Resistance can stay intact for extended periods because of buyer's remorse. Many of the investors and traders who bought at resistance #1 regretted doing so after the price dropped below it.
由於買家後悔，壓力位可以長時間保持完好。許多以壓力位1購買的投資者和交易者後來因價格跌破此價位而對自己做出感到後悔的決定。
Now that the price is back up to their level, some are placing sell orders so they can exit their positions at breakeven. This large concentration of supply has formed resistance at the same price that had been resistance before.
現在價格回到他們的這個價位，一些人會掛出賣單，以便以平倉價退出他們的持倉。這種大量的供應集中在以前的壓力位上形成了新的壓力。
Savvy traders know that certain price levels are more important than others. They also know that when a stock reaches one of them, there is a good chance there will be a reversal.
精明的交易者知道某些價格水平比其他價格水平更重要。他們也知道，當股票達到其中之一時，很可能會發生逆轉。
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Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。