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PG

PG - Ascending triangle breakoutSummary We have tested $126 over twelve times since December 16th. Yesterday's move closed above this resistance; and we are confirming today going to all-time-highs. Technicals RSI(14) @62.5 showing relative strength but not overbought OBV is trending higher confirming the move To set a short-term target. You can measure from the bottom of the triangle and add that on-top of the triangle breakout. In this case; the measured move is at $136 approximately. RRR is 3:1
NYSE:PGLong
by dorfmanmaster
2
P&G- How Micro Patterns Create Long Term Trends: PGIn this illustration, we observe how various micro patterns can translate into a longer-term macro pattern. With the case of PG, for prevailing micro patterns have progressed in what appears to be a bullish rising channel which has recently broken through. As the longer-term trend unfolds, the micro patterns will form in series of periods of high volatility and low volatility. Each pattern gives us an idea into the minds of the collective market consensus. Let’s examine what each pattern tells us in terms of an observational standpoint. ABCD: the ABCD pattern is commonly referred to as a reversal pattern. This is because the ABCD typically occurs at key turning points within a stock’s prevailing trend. The ABCD represents between B&C that light selling activity has commenced. The overall formation depicts a weakening of bullish accumulation and that although prices continue to raise exhaustion of buyers will likely proceed. Rising channel: The rising channel pattern is a highly reliable pattern that is typically considered one of the safer longer-term patterns to examine. The rising channel is characterized by a series of price changes which occur at intervals in between symmetric areas of support and resistance where the price respects these areas and makes sharp or distinct changes in between the zones. The rising channel displays that traders have a clearly defined consensus of the future value of the security, and that reasonable amounts of selling and buying activity is occurring meaning there is interest and activity and therefore opportunity. Pennant: The pennant pattern can occur in numerous phases. Typically, the phases are characterized by the ascending or descending slope of the support or resistance lines. The pennant pattern commonly occurs at consolidation zones or within the boundaries of macro patterns. Tenants represent an overall tightening and narrowing of volatility and can be used to pinpoint key turning points either bullish or bearish regarding the stocks long-term trend. Symmetric Broadening Wedge: the symmetric broadening wedge at any point in the stocks long-term trend represents an expansion of volatility. In the case of the symmetric broadening wedge, the battle between the Bulls and Bears is considered more volatile than in the case of a standard broadening wedge. Indicated by the slope of the support and resistance lines, a standard broadening wedge will likely display a flat support or resistance line and a slanted support or resistance line a symmetric broadening wedge displays two sloped lines and therefore demonstrates a maximum expansion of volatility. By examining the chart of PG, it is much easier to determine that micro patterns do in fact subsequently lead to longer-term macro patterns. PNG appears to be bullish dominated and experiencing increased accumulation over time. Although 2018 was more turbulent than two years prior, 2019 yielded favorable results for the security along with other existing industry leaders.
NYSE:PG
by CanaryJones
Analysis on PROCTER & GAMBLE 5.09.2019The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position: 100.00 • Take Profit Level: 101.00 (100 pips) If the price rebound from resistance level, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 99.00 • Take Profit Level: 98.50 (50 pips) USDJPY A possible long position at the breakout of the level 110.95 EURUSD A possible long position at the breakout of the level 1.1355 USDCHF A possible short position in the breakdown of the level 0.9995 GOLD A possible short position in the breakdown of the level 1320.00
NYSE:PG
by PaxForex
Proctor & Gamble Elliot Wave Analysis (Monthly)Above is an Elliot Wave analysis using the monthly log chart of P&G. 1. The yellow wave is an impulse wave. You'll see we're at the end of wave 5 of this impulse wave. 2. The purple wave shows that we're at the end of wave 5 inside of an ending diagonal (Rising Wedge) pattern. A good short entry would be on the retest of the break of the rising wedge pattern (when the price revisits the bottom of the rising wedge pattern and confirms that it is resistance). As of the time I am creating this idea, the price is currently still within the pattern.
NYSE:PGShort
by ttrending
BA: Speculative at New All-time High with Contrarian Long-term POnly 2 of the DJIA components are currently at new all-time highs: BA and PG. Boeing gapped and ran up on earnings news with a boost from HFTs and buybacks. Currently, the number of shares held by institutions is dropping. Vanguard, Blackrock, Price T Rowe, State Street, Capital World Investors, Northern Trust, all giants of the Buy Side, have lowered held inventory in recent months. The stock is at a speculative price as smaller funds buy heavily and buybacks of up to $14 billion move price up. Whether this will be a good strategy for BA this year remains to be seen. The chart is the Long-term Trend Monthly chart showing the severity of the speculative buying. Also you can see the Cycle chart pattern using the DPO indicator with a failure to trough V shape. Volume shows a steady decline as well. These are contrarian indicators to what price is doing.
NYSE:BAEducation
by MarthaStokesCMT-TechniTrader
PG is very strong in this collapseDow component and consumer staples giant PG has only falled 5.6% from the highs, compared to nearly 20% in the general market. It did not participate in the second of the three collapses in Q4. The price action from July-August can now be seen as the upper half of a pitchfork, and we are now at the lower half and right on the 50-day SMA. This is a gamble on Q4 being a correction not the start of a bear market, of course, hence my tight 1.5% stop.
NYSE:PGLong
by adatherton
1
Attack of the Proctoids!This is another Great American company that has lost its way in the weeds of financial engineering. Apparently, that whole idea of selling off ‘mature’ (profitable) brands hasn’t translated into stock price appreciation. It also suffers from management by consensus. Bet the employees get to go to great Team Building camps. This company would outperform if it got back to its roots researching new consumer products, and developing (even acquiring) small brands into large profitable businesses. This stock would make a good addition to one’s income producing side of one’s portfolio when it gets back down to around $26 in the next couple years. Probably could trade out your TLT’s for it at the stock market bottoms.
NYSE:PGShort
by Cincinnatuus