PG has found long term support from a rising trend line that coincides with a major 61.8% retracement. This is a great place to buy for a longer term play on a great company.
Comment:
Shares failed to hold the $76 area on this weekly chart. If they can recover next week, shares may be okay. However, it seems that additional downside is more likely, with our next support at the $65-68 area.