PG Proctor & Gamble Swing Long or InvestPG had a triple bottom in March and now is again on an uptrend rest
march towards the all-time high of $ 165 which is the target here.
The volume indicator shows a slowly rising volume compared with March
with a spike on April 20th corresponding to a favorable earnings play.
The long term moving average shows the reversal of the downtrend
into a triple bottom ( long moving average with near zero slope)
and then the uptrend. The RSI indicator shows cycling between
overbought and oversold and so the entries for buying then selling call
options if one is more a trader than an investor.
Having had favorable earnings I see this as part of a recession type
an investment portfolio with all-time high as the target and looking
to hold through the next quarterly earnings if the uptrend has no
major correction in the meanwhile. Slow and stead wins the race.
I
