Johnson & Johnson: Wave 4 Correction Nearing Completion
Technical analysis suggests Johnson & Johnson's wave 4 correction may be finishing after an extended wave 3 rally, as discussed with members on November 14, 2025.
JNJ
According to an analysis shared with members on November 14, 2025, Johnson & Johnson (JNJ) was tracking an extended wave 3 structure with further upside. The current wave 4 correction may now be nearing completion.
Technical traders following Elliott Wave theory will note that wave 3 extensions often lead to shallow or time-consuming wave 4 corrections before a final wave 5 leg higher. The analysis suggests the correction phase could be close to its end.
Source: FXStreet Forex News