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Procter_gamble

Procter&Gamble: Short-Term Strength Still Fits the PlanPG has extended its rally, pushing turquoise wave C higher. While some selling pressure is starting to show, we’re sticking with our primary view: the stock should still break above $180.43 to complete beige wave b before turning lower. However, in our 37% likely alternative scenario, beige wave alt.b would have already topped, and the stock would next drop below $148.87. 📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
NYSE:PG
by MarketIntel
Procter & Gamble: Target Zone Ahead!Wave in dark green has been successfully completed, creating a new support level at $157.47 with its low. PG is currently working on the countermovement of wave , and we have outlined a Target Zone for the expected top (between $171.66 and $177.84). This price range could be an opportunity to take profits from long trades or establish new short positions. However, our alternative scenario, which allows for a breakout to the upside, holds a 34% probability. If the stock manages to climb above the resistance at $180.43, this will suggest that the broader uptrend continues. In this case, the low observed would not correspond to wave in dark green, but rather to wave alt.(IV) in blue. So, potential short positions could be secured with a stop-loss set 1% above the upper boundary of our Target Zone.
NYSE:PG
by MarketIntel