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PROCTER & GAMBLE COPROCTER & GAMBLE COPROCTER & GAMBLE CO

PROCTER & GAMBLE CO

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PG trade ideas

Cup and Handle Ascending TrianglePG has a bit to go before reaching long entry level for the cup and handle pattern. It is also in an ascending triangle which is neutral until price breaks a trendline. If PG breaks up the full amount from the ascending triangle, it would put price to long entry level for cup pattern. Price is close to the handle low and can be support if it holds. Price is now in the nose of the triangle and there is always a chance it could break to the downside. Sometimes they break down before they break up, or sometimes they just break to the downside. The theory is chances of an upside break is higher, but MR Market rarely does the same thing twice. (o: No recommendation
NYSE:PGLong
by lauralea
P&G D1Procter & Gamble has good growth potential. The past year has been quite successful for the company. Due to the coronavirus situation, the company's products were very salable. Which led to high profits that spurred the stock to rise. Today the situation with the coronavirus is gaining momentum. The number of diseases around the world is growing very rapidly. This situation will increase the demand for products. The population of the planet is forced to observe hygiene measures. Large profit turnover will be a good incentive for the growth of stocks!
NYSE:PGLong
by TradingForProfitPro
1