Last time we looked into Procter & Gamble (PG) was December 2022 (see chart below) and called for a massive sell-off to $140:
As you can see that took place almost perfectly, with the price dropping even lower from $155 to $136. We hope you took advantage of this analysis and if you didn't short, at least got a comfortable buy entry as the price rebounded and...
Procter & Gamble (PG) has been on a relentless +23% 2-month rally (since October 10), breaking above all possible MA levels: the 1D MA50 (blue trend-line), the 1D MA100 (green trend-line) and the 1D MA200 (orange trend-line). Today it even broke above the August 16 High, the technical Resistance, making the first Higher High after breaking above the 2022 Falling...