PG BREAKING UPWARDS TRENDLINE
PG just broke out of an upward channel on the daily. Last time it did this in October it dropped significantly before returning to the channel. If this is confirmed today with a close below the line, I think a reasonable short price target is 87 range. Could go with some further out, but I think 87 is a conservative short, especially with the SPY looking more and more bearish.
THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL.
THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.