Procter and Gamble Co - 30d expiry - We look to Buy a break of 154.72 (stop at 151.45) Prices have reacted from 122.18. Daily signals are bullish. There is no clear indication that the upward move is coming to an end. This stock has seen good sales growth. 154.65 has been pivotal. A break of the recent high at 154.65 should result in a further move higher....
Crossed the 50 & 200 SMA and current markets conditions favour consumer staple stocks.
Welcome to our Weekly V2-Trade Setup ( PG ) ! - 4 HOUR Small pullback towards previous sr level. DAILY Expecting more bullish pa now! WEEKLY Good long setup.. - STOCK SETUP BUY PG ENTRY LEVEL @ 143.37 SL @ 140.98 TP @ Open Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for...
- After clean pierce of key level followed by daily retest and wick rejection, can anticipate move to short term move to upside (TP1) - In long run, expecting some nice bullish momentum going into the rest of Q2
Dow component and consumer staples giant PG has only falled 5.6% from the highs, compared to nearly 20% in the general market. It did not participate in the second of the three collapses in Q4. The price action from July-August can now be seen as the upper half of a pitchfork, and we are now at the lower half and right on the 50-day SMA. This is a gamble on Q4...