JOHNSON & JOHNSON Huge -20% correction for 2026.Johnson & JohnsonBATS:JNJTradingShotJohnson & Johnson (JNJ) has been trading within a Channel Up since the 2008/09 U.S. Housing Crisis. This pattern has so far had four major correction events, technically its Bearish Legs, which on macro terms they are Bear Cycles. Its recent March 2026 High almost touched the top of this 18-year pattern and since the 1M RSI also hit the top of its multi-year Resistance Zone, it is technically very likely that the market is starting its new (5th) Bear Cycle. All previous ones broke below the 1W MA50 (blue trend-line), bottoming on at least the 0.382 Fibonacci retracement level from the last Low. On average, the total drop has been at least -20%. As a result, if the market has topped indeed, we expect this 2026 correction to target at least $205, which is slightly above the 0.382 Fib and -20% projected decline. At the same time, it would test the 0.5 Channel Fib, a trend-line that all previous corrections had hit. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇