If you haven`t bought PG here:
Then analyzing the options chain and the chart patterns of PG The Procter & Gamble Company prior to the earnings report this week,
I would consider purchasing the 150usd strike price Calls with
an expiration date of 2023-12-15,
for a premium of approximately $2.84.
If these options prove to be profitable prior to the earnings...
PG formed today a 1day MA50-100 Bearish Cross.
Primarily a sell signal, the last 3 occurences of this pattern have delivered higher prices.
All those patterns hit at least their prior Resistance level.
Additionally, the 1day MACD is 4 days into a Bullish Cross.
Buy and target 158.00 (Resistance).
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Hello ,
Although I consider Procter & Gamble stock to be a very good long-term investment. (Safe background and very good dividend system. ) It seems to be working on a bearish pattern now, which is projecting a decline all the way to the $140 zone.
For me, it's the only stock I've held long since the $90 level, and I've been buying regularly ever since. It's...
Earnings 10-18 BMO.
Analysts appear positive on earnings. Analysts are known to be lagging indicators like moving averages.
Popped up today with a spinning top/a candle of indecision.
M pattern....this pattern started teetering at the .886 fib level but tails o candles did go below the .886, yet no candle bodies per say are below the .886.
The alternate bat...
PG is having a strong red (1d) candle that crossed again under the 0.618 Fibonacci level.
In the last 10 months, the stock has been trading inside a Rectangle with the price being on the last step (0.786 Fibonacci) before the pattern's bottom.
The price is already a solid medium term buy but depending on the MACD, it may provide an even better...
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 and Gamble Co - 30d expiry - We look to Buy at 142.52 (stop at 138.52)
The primary trend remains bullish.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
The previous swing low is located at 141.90.
141.90 has been pivotal.
Preferred trade is to buy on dips.
This...
PG formed a rising wedge. After a double top formation when also RSI divergence came in (yellow line on RSI chart), PG's downtrend began.
PG has broken out of lower trend line of the rising wedge, which will now act as resistance.
PG has gone down for six straight days. During downtrend, stocks usually fall for an average of five straight days. There is a...
PG has been in an uptrend , but we can observe the bearish divergences developing.
If they play out, we will see a breakdown of the rising wedge.
Once it happens, the short position can be taken.
Enter short ONLY if the successful breakdown occurs.
If it doesn't happen , the uptrend will continue.
Approx. Target for shorts is shown on the chart , but keep in mind...
U.S. appeals court judges questioned a 2.5-year pause in a shareholder lawsuit against PG&E Corp officers and directors. The lawsuit concerns statements about the utility's wildfire prevention. A pension fund sued 44 corporate leaders in 2018. The case was paused until the end of PG&E's bankruptcy, but judges now question the need for this delay. Shareholders...
Consumer staples are the second worst-performing major sector this year. (They lag only Utilities, according to TradeStation data.) Today we’re considering a potentially bearish pattern in one of the big names in the space: Procter & Gamble.
PG briefly traded above $158 in April without staying there. The same thing happened again last month. The result could be...
Hello, Traders Investors And Community, welcome to this analysis about the recent events, the current formation, and what we can expect in what the last weeks have shown us highly volatile stock PROCTER&G. As I mentioned already in past analysis about the stock-market we are progressing in historical levels within the whole market where we can observe big...
P&G has been in a bullish trend for quite a long time. There is a possibility that it could break all-time high when breaking the ascending triangle pattern.
If the break out happens ,then we can enter the long position. Our estimated target is 179.84.
Do you agree? Let us know in the comment section
The PEAD projected a bullish outlook for NYSE:PG after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
Top line is virtually flat.
Bottom line slopes up. Price is at support today,
All 3 triangles types, symmetrical, descending and ascending are neutral until broken.\\No recommendation.
This is a loose triangle. Tight triangles perform better.
Price is close to a gap that may provide support.
