PG appears to be breaking an ascending triangle pattern. Price already above EMAs, RSI still under 70% and good volume are a good set NYSE:PG up for a long. Besides, current trendline is the same from 2018 so seems solid at this point. We'll see The pattern target should be near 200 and stop at 159.
If you haven`t bought PG before the previous earnings: Then analyzing the options chain and the chart patterns of PG The Procter & Gamble prior to the earnings report this week, I would consider purchasing the 155usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $8.85. If these options prove to be profitable prior to the...
Reasons for bullish bias: - Ascending triangle breakout on weekly - Bounce from strong support that was previous long-time weekly resistance - Positive Earnings - Buy Stop order at HH breakout for further confirmation - DOW theory Alignment Here are the recommended trading levels: Entry Level(Buy Stop): 162.19 Stop Loss Level: 152.98 Take Profit Level 1:...
Procter & Gamble Co. ( NYSE:PG ) experienced a decline in its shares on Friday after the company reported quarterly sales that fell short of the expectations of Wall Street. The sales overshadowed an improved profit outlook for the company. The organic sales, which exclude the impact of acquisitions, divestitures, and foreign-exchange impacts, increased by 3% in...
PG on the weekly chart gained 15% in a year and had a dip in the past two weeks with earnings at the end of this week. PG persistently and consistently beats earnings estimates and pays a dividend. Moreover, it consistently has a bit of a surge after earnings. I see this as an opportunity to get a good stock on a 4% dip of a discount and hold it through...
The daily candle closed in green and appears to confirm the double bottom formation right on the convergence of two support lines - support trend line and psychological demand area at $155. Expecting with high probability to continue to follow the trend line and retest $162 zone.
As we dissect the price action and technical indicators for Procter & Gamble (NYSE: PG), we note the stock's recent oscillation within a defined trading range, offering potential insights into its future trajectory. The chart attached, dated mid-April 2024, provides a tapestry of technical indicators against the backdrop of a dynamic market environment. Ichimoku...
I anticipate NYSE:PG to rise in value by about 40% and I am waiting for the price to reach a favorable level before purchasing the stock. Let's observe how the situation unfolds.
PG is clearly bullish, it will be interesting to take a long position if the price go back on my demand zone in grey to continue the bullish trend. downside risk 3% upside profit 20% & more
enter only on closing bases , mean of stoploss - GO HEAD TAKE RISK I'M HERE TO SUPPORT YOU always respect your stoploss
PG stock is in an upward trend, making Higher Highs and Higher Lows on 4H timeframe
Possible long opportunity on PG with a 1 to 2 RR ratio.
Hi traders, let's take a look at the PG chart. The price has been traded in the range. We are expecting the price to bounce until it reaches the resistance line. After it reaches the resistance, we can take short position. Entry, target and the stop loss are shown on the chart. What do you think?
## NYSE: PG - Procter & Gamble Company (The) **Short Fundamentals:** * **Market Cap:** $377.4 Billion USD * **Dividend Yield:** 2.39% * **P/E Ratio:** 26.38 * **52 Week Range:** $136.10 - $159.83 * **Current Price:** $160.40 (as of February 21, 2024, 4:03 PM PST) * **Industry:** Consumer Staples * **Company Description:** Procter & Gamble provides branded...
This chart inside the video is an example of the rocket booster strategy: --- Step #1 - The price has to be above the 50 EMA Step #2 - The 50 EMA should be above the 200 EMA Step#3 - The 50 EMA should cross above the 200 EMA --- Rocket boost this content to learn more -- Disclaimer: You will lose money trading take this as a warning!! Do not buy or sell anything i...
A price action above 148.00 supports a bullish trend direction. Increase long exposure for a confirmed break above 152.00. The target price is set at 154.00 (just below the 78.6% Fibonacci retracement level). The stop-loss price is set at 147.00. Almost testing its 200-day simple moving average, which might support the bullish price action.
Thank you as always for watching my analysis on $NYSE:PG. May God bless you and your family this upcoming week. Lamentations 3:21-22.
Read this latest news here There have been many cases of western brands that seems to make the mistake of no common sense in their advertisement , only to offer apology hereafter. What is their motive ? I dunno, could it be a reverse psychology strategy to get more hits and views ? Maybe........ But importantly, it has no bearings on its share prices. In...