Procter & Gamble to close its gap?Procter and Gamble Co - 30d expiry - We look to Buy at 149.61 (stop at 146.11)
The primary trend remains bullish.
This stock has seen good sales growth.
This is currently an actively traded stock.
We have a Gap open on 21/4/2023 from 150.85 to 154.94.
A higher correction is expected.
Previous support is located at 149.50.
We look to buy dips.
50 4-hour EMA is at 147.98.
Our profit targets will be 158.61 and 159.61
Resistance: 156.50 / 158.11 / 160.00
Support: 154.50 / 152.00 / 149.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Procter
Procter & Gamble to break higher?Procter and Gamble Co - 30d expiry - We look to Buy a break of 154.72 (stop at 151.45)
Prices have reacted from 122.18.
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
This stock has seen good sales growth.
154.65 has been pivotal.
A break of the recent high at 154.65 should result in a further move higher.
Our profit targets will be 162.88 and 164.88
Resistance: 154.65 / 157.00 / 160.00
Support: 149.00 / 145.00 / 142.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Bullish on Procter & Gamble. PGA very nice impulse is underway on this stock. This one appears to be multilayered, so we may come back to this again and again for further long positions in the future. Large cap stock so not super volatile, but an opportunity is an opportunity.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Unilever, Long at these pricesUnilever currently down due to widermarket conditions, investors have been putting money into growth, tech and recovery stocks, now its being dragged down due to wider downtrends. when people look for a safe place to park up, theyll come back to unilever and P&G. Unilever are currently restructuring they're portfolio with they're tea businesses and other areas. with more potenital growrth on the table for investors in the years to come, unilever is looking like nice buy around these levels. doubt itll go lower than £35
P&G - Constant dividends and earnings.P&G always gives constant dividens and almost same earnings. We will have over than 0.75$ earnings with 0.66$ dividend per stock. This week is good time to buy if you dont have any.
In long term this stock will give more than we expected. Market is dynamic so we are!
DOW JONES OVERVIEW: PG AT MACRO UNCERTAINTY, SHORT TERM RISKProcter & Gamble is in uncertain situation on macro basis.
On long term basis price is trading between 10-year and 5-year means. Price close to macro means is actually an outlier, an indication of uncertainty of major market participants and investors regarding the stock.
On short term basis price is currently on downward risk, as it trades below the 1st standard deviation form 1-year mean @ 75.3 - indicating a downtrend on yearly basis.
Everybody's Gone Shortin' - Shortin' U.S.A.In this post I would like to put together some previous stock market calls (still valid), as well as add two more promising shorts. It's been a rough week for US stocks culminating in a clear break of the Head&Shoulders' neckline at 2045. This kind of pattern is usually referred to as "Complex H&S top" , because there are multiple peaks and its "head" is a H&S pattern itself. The traditional target is set in the 1945 area , though we expect a move of greater magnitude. There is a more traditional H&S in LinkedIn. It calls for a sizable move to the downside. Another bearish pattern is a Rising Wedge, or Ending Diagonal, in Bank of America. The first target here is $15 area, which is some 10% from here.
I'm still positioned according to previously published ideas:
Baidu
IBM
Intel
and Procter&Gamble :
All of them are currently profitable.
Best of luck, mates
It's No Gamble: A Major Top In Procter & GambleAlthough Procter & Gamble delivered quarterly profit that topped expectations on Thursday, it marked the sixth-straight drop in sales. Revenue of $17.79 billion was below forecasts and lower than last year's $20.16 billion, as P&G continued to be weighed down by a stronger dollar that stripped the value of overseas sales. More pressure is yet to come as the Fed prepares its rate hike.
From a technical perspective, the Head&Shoulders pattern is almost complete. The price has broken down below the former trendline support. On Wednesday we saw a retest of that line - and the move lower. According to the Elliott Wave Principle, the usual minimum target for the unfolding correction is the extreme of wave (a) of Triangle. In this case, we expect a more severe correction below $67.29.