The shares of Johnson & Johnson, which is one of the leading retail holdings, are correcting at 144.00.

The shares of Johnson & Johnson, one of the leading retail holdings, are moving within a medium-term downward trend. In mid-September, the price reversed at 165.62 (Murrey level [5/8]), went beyond the main Murrey trading range, and is currently trying to consolidate below the 146.88 area (Murrey level [–1/8]).