PG Weekly ChartPositives- Candlestick resting on 50 EMA, Resting on key support level, bottom of and upward parallel channel possible cycle up Negatives- minor downward trend, with bearish candles, election week by paper_Trader1775Published 0
The Procter & Gamble Company (P&G) | Chart & Forecast SummaryRight Here You Can See The Procter & Gamble Company (P&G) With The Symbol "P&G" Registered On The New York Stock Exchange. The Procter & Gamble Company (P&G) Is An American Multinational Consumer Goods Corporation Headquartered In Cincinnati, Ohio The Following Chart & Forecast Summary On The Procter & Gamble Company (P&G) Has been Subject On Key Indicators on A Trade Set Up in General Like A 1. A Push Set Up 2. A Range Set up 3. A Break & Retest Set Up Overall Conclusion | Like The Trade Plan Execution & Risk Management On Demand It Tells Us It Is A Neutral Bias For Now P02:23by P-Ment4UPublished 0
PROCTER & GAMBLE Low risk buy opportunity on the Channel bottom.Procter and Gamble (PG) has been trading within a 10-month Channel Up (since December 15 2023) and on September 10 2024 priced the latest Higher High and got rejected. Even though it has broken below its 1D MA50 (blue trend-line), yesterday it tested and held the short-term Support 1 level, which is intact since August 14. The 1D MA200 (orange trend-line) has been the absolute Support of this pattern, having formed just above it both the Higher Lows of July 30 and April 19. Yesterday's Low isn't as close to the 1D MA200 as those two but it is close enough to constitute a low risk buy for the medium-term, even though we might see a little more decline towards the Channel's bottom. Notice however the 1D RSI that made a clear rebound inside its 10-month Buy Zone. As a result, we turn bullish on this stock and as with the last Higher High, we are again targeting the 1.5 Fibonacci extension level at 182.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShotPublished 8
PROCTER & GAMBLE is bullish bouncing on the 1D MA50.Procter and Gamble (PG) closed yesterday on a 3-day red streak and the 1D candle almost touched the 1D MA50 (blue trend-line), the short-term Support, which is intact since August 14. The stock has been trading within a Channel Up pattern since the December 15 2023 Low, which is inside a wider Channel Up pattern since the 2022 market bottom. The 1D MA50 is the first Support level of the 9-month Channel Up, with the 1D MA200 (orange trend-line) being the second (and last). The Higher Lows are priced below the 1D MA50 but currently we haven't completed most likely the Bullish Leg at hand. Last April the price pulled back to the 0.382 Fib, which held and provided the final push to the -0.236 Fib extension for a Higher High. Currently the 1D MA50 test is also testing the 0.382. If it holds, we expect the stock to peak again near the -0.236 Fib extension. As long as it holds then, we remain bullish, targeting 182.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShotPublished 9
Procter & Gamble Company (PG) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session # Trend | Time Frame Conductive | Weekly Time Frame - General Trend - Measurement on Session * Support & Resistance * Trade Area | Focus & Motion Ahead # Position & Risk Reward | Daily Time Frame - Measurement on Session * Retracement | 0.5 & 0.618 * Extension | 0.786 & 1 Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | BuyPLongby P-Ment4UPublished 0
PGPG stock looking bullish Break a new high and I'm looking for a trade Hope you like my idea I'll be careful with this trade because the market is bearish ! When the market is bearish and some stocks are bullish it a good sign ! When the market start to rise i hope that the stock going up aggressively Longby roichurchyPublished 1
3 Reasons Why Insider Selling Wont EndInsider selling is like a mole rat on a farm they are hard if not impossible to get rid of infact, some farming experts say mole are good for the soil fertility i was watering a ground where a mole had made a tunnel, and i noticed that where the moles had not drilled into the ground the vegetables are not growing well as compared to where the moles had drilled underground tunnels Its a very similar concept when it comes to trading the only difference here is that: 1-Insider selling gives you a map of what to do 2-Insider selling is public information 3-Insider selling helps you as a trader In insider selling is good because it will help you find the right trades Watch this video again to learn more about this Also rocket boost this content to learn more. Disclaimer:Trading is risky you will lose money wether you like it or not and so because of this please learn risk management and profit taking strategies before you engage in trading. Long04:52by lubosiPublished 1
The #1 Catalyst : 3 Reasons Why Insider Selling HappensAs I was from watching some videos online, on my mobile phone device, about the current economy we are facing I later on turned my P.C. on and found this stock which follows the rocket booster strategy. So what is the rocket booster strategy? 1-The price has to be above the 50 MA 2-The price has to be above the 200 MA 3- The price should be in an uptrend. Furthermore when I checked the breaking news right here on trading view I found the #1 catalyst for this stock and it is called "Insider selling" And so below is my research on 3 Reasons Why Insider Selling Happens: Insider selling, where company executives or other insiders sell shares of their company's stock, can occur for various reasons. Here are three common reasons: - 1. Diversification of Investment Portfolio: Insiders often have a significant portion of their wealth tied up in their company's stock. To reduce risk, they may sell some shares to diversify their investment portfolio and spread their wealth across different assets. - 2. Personal Financial Needs: Insiders might sell stock to meet personal financial obligations, such as buying a house, funding education, or other large expenses. The sale is not necessarily indicative of negative sentiment toward the company. - 3. Tax Planning: Insiders may sell shares as part of their tax planning strategy. For instance, they might sell shares to pay taxes on stock options or other forms of compensation that have been granted to them. Timing the sale to coincide with a lower tax rate can also be a reason. - These reasons do not necessarily imply a lack of confidence in the company, though they can sometimes be perceived that way by the market. - WARNING!: Trading is risky and you will lose money wether you like it or not please learn risk management and profit taking strategiesLongby lubosiPublished 1
How Will This 3 Step System Work In Trading?Trading is a very hard a challenge so most will tell you but if you keep learning an growing into this you will eventually master the ins and outs of trading - The key is not to fear any drawdown by learning risk management once you learn how to trade then you can take advantage of the market moves.. worst-case scenario you can start blogging about it like myself, if you lack the capital to test. either way, you need to know what you are doing or talking about in order to last inside this wild and crazy industry If you have friends that are doubting you as you pursue your financial education then you need to change your friends now! Trust me you do not want to be around negative people as you try to learn this financial art form Remember to watch this video again to master the rocket booster strategy trade safe. Disclaimer: Trading is risky you will lose money Whether you like it or not please learn risk management and profit taking strategies.Long02:35by lubosiPublished 2
PG long swing idea The XLP continues to support the uptrend despite majority market conditions, and I like the largest holding of PG based on that. My strategy is more comfortable with ITM options with time, so I'll be looking at the Sept 20th 160c personally (11.90 mid at time of writing), but the idea could support other options and/or spreads. All levels are mapped out on the chart, including 3 different entry triggers based on comfort and risk level. At each Roll/TP, I will look to roll to the next strike ($5 distance between in the Sept chain) IF: The credit is around 80% (~3.90 to 4.10 per con taken off the table) The roll strike price would be a delta of at least high 70's (.80's preferred) And we are still in the week of 8/12 to 8/16. <<I will aim to roll OUT to Oct cons prior to EOW If the roll criteria is not met at a TP zone, I will instead trim my position. As each TP is reached and confirmed , I will move my stop loss up to the prior level This trade could take 1-3 weeks to play out. Stay safe and Happy Trading! Longby D_RockefellerUpdated 0
PG The Procter & Gamble Company Options Ahead of EarningsIf you haven`t bought PG before the previous earnings: Now analyzing the options chain and the chart patterns of PG The Procter & Gamble Company prior to the earnings report this week, I would consider purchasing the 165usd strike price Puts with an expiration date of 2024-9-20, for a premium of approximately $2.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Shortby TopgOptionsUpdated 4
3 steps to follow in order to find a stock that will gap upInside this video, i share with you the rocket booster strategy which has - 3 steps to follow in order to find a stock that will gap up - watch this video below to learn more about this strategy. - Use the tool i used to find this stock here -- Disclaimer:Please learn risk management and profit taking strategies, you will lose money from trading whether you like it or notLongby lubosiPublished 222
LP. 168.88, Short End of atr Move after LP No accumulation Some placeholder text to fullfil the requirements.Shortby iziziz-tomatoUpdated 3
PG breakout stock , US stock170 above breakout possible ATH stock 173/175/180 CAN TEST IN FEW DAYS 181 above will review target Longby Equity_Research_Analyst-02Published 1
PG Short Ideaopened the position with the stop order in place just in case. to manually stop with daily close above the line if stop order is not hit. I am an amateur trader. I sometimes enter into trades. Other times it is only an analysis. Trade with your own risk awareness. Shortby seyyidoUpdated 0
PG Sets up for bullish reversalPG has been one of a few stocks in the S&P 500 to make double-digit percentage increase in 2024, and in doing so has stuck to a very clear trend pattern. It just recently finished with its most recent dip and is preparing to climb through August/September until it slows down once again. The trend pattern on this stock has been quite clear and stable in the past two cycles and is currently bouncing off of the lower support line thats been tested four times since December 2024. Price shocks to P&G like their upcoming earnings have historically had only a positive effect, even despite negative surprise on the their Revenue: Fri 19 Apr '24 Earnings: 7.28% up Revenue 1.17% down Up 7% by the end of the week Tue 23 Jan '24 NYSE:PG Earnings: 0.143% up Revenue 0.16% down up 8% by end of the week I Personally am entering with $165 calls expiring 8/9/24 @ $2.58 a piece. I will continue to update this as I approach exp. NOT TRADING ADVICE JUST MY PERSONAL OPINIONLongby nicolascolimonPublished 2
PG potential Buy setupReasons for bullish bias: - Ascending triangle breakout on weekly - Bounce from strong support that was previous long-time weekly resistance - Positive Earnings - Buy Stop order at HH breakout for further confirmation - DOW theory Alignment Here are the recommended trading levels: Entry Level(Buy Stop): 162.19 Stop Loss Level: 152.98 Take Profit Level 1: 171.4 Take Profit Level 2: OpenLongby TradeWithParasUpdated 110
Picturesque Cup&HandleThis is a proper cup and handle, buy the breakout right at the all-time high or wait until it clears the all the high and comes back to confirm resistance. I will be buying to open as soon as price reaches new highs Buy to open = 169.07 1st Profit Target = 175 Stop Loss = 164.20Longby PappyTradingUpdated 1
PG, Procter & Gamble, is poised to break out to the upsideOn December 29, 2021, Procter & Gamble (PG) reached new all-time highs, touching the $164.40-$165 range for the first time. This level was tested multiple times until February 4, 2022, but consistently faced rejection. Following the February attempt, the price was driven down over five weeks to a low of $143. However, PG recovered, and after another 5 weeks, it revisited the $164.40-$165 zone on April 22, 2022. It touched the area a couple of times, but faced another rejection, this time amidst a bear market, leading to a drop to $121 by October 21, 2022 Fast forward one year and seven months to May 7, 2024, PG broke through resistance and set new all-time highs. After that PG has spent 40 days contesting the $168.50-$169 area and now seems ready for another breakout to record highs. Historically, breakouts after prolonged consolidations can persist, and PG appears to be embarking on this journey. An evident accumulation pattern lends credence to this outlook. Using our Box Trading method, we see an initial target at $174. If $174 is exceeded, the next target is $188-$189, which is consistent with other analyses. Is there room for error? Certainly. Technical analysis isn't infallible, and unforeseen events could disrupt the trend. Traders must remain vigilant for any signs of trend deterioration and respond accordingly to price action. We're considering intiating a 30 to 60-day call spread to capitalize on this upward momentum, once PG moves above $189, Longby Point-Blank-TradingPublished 2
Gunning for an ascending triangle breakoutNYSE:PG has been on an uptrend for the past 1.5 years and although the larger trend may look distributive, the stock may gun for one more leg of upside as there is no strong selling pressure on 22 May when it corrected. In fact, after the 2nd selling at 168 resistance , the selling pressure became weaker and it forms a higher low, indicating strong buying pressure potentially. Here's the plan, should the stock break out, I'm aiming to TP at 173.23 first as I think there might be a retracement thereafter. Afterwhich, I will allocate some position at 163.09 and 158.10 should there be any pullback. Longby William-tradingPublished 1
PG - A stock to buy for the long termFor long-term investors, Procter & Gamble presents a compelling opportunity due to its strong fundamentals and growth prospects. PG’s consistent financial performance, characterized by steady revenue growth and robust profit margins, underscores its resilience and ability to generate shareholder value. The company’s strong brand portfolio and market leadership in key product categories provide a competitive moat, ensuring long-term revenue stability. The company’s strong balance sheet and cash flow generation capabilities provide a solid financial foundation for dividend growth and share buybacks while also investing in growth opportunities. For long-term investors, this translates to both income and potential capital appreciation.Longby dividends4mePublished 1
#PG $Pg169 above breakout possible 176/180 can test easily ATH breakout possibleLongby Equity_Research_Analyst-02Published 2
Procter & Gamble’s Bullish Momentum.Procter & Gamble (NYSE: PG) has recently demonstrated a robust performance, presenting a compelling case for both short-term trading and long-term investing. As we dive into the current technical indicators, price action, and recent news, it’s clear that PG is positioned for potentially significant moves. Let’s break down the analysis to provide a detailed view of where the stock might be heading and how traders can capitalize on this movement. The daily chart of PG reveals a strong uptrend, characterized by higher highs and higher lows. The stock has recently bounced off its support level around $162, showing resilience and reaffirming its upward momentum. The latest candlestick patterns indicate bullish sentiment, with the stock closing higher than its opening price over the past few sessions. The bullish engulfing pattern observed in early June suggests a continuation of the upward trend. The stock is currently trading above all key moving averages (10, 20, 30, 50, 100, and 200-day EMAs and SMAs), which is a strong bullish signal. The alignment of these moving averages also points towards a sustained upward trend. The 50-day EMA at $163.67 and the 100-day EMA at $160.70 provide significant support levels. RSI (14): At 58.19, the Relative Strength Index is neutral but leaning towards bullish territory. There is room for further upside before hitting the overbought threshold (70), suggesting more buying opportunities. MACD: The Moving Average Convergence Divergence (MACD) at 0.98 shows a positive divergence, with the MACD line crossing above the signal line, indicating a bullish trend. Momentum (10): With a reading of 4.37, the momentum indicator is in the buy zone, highlighting the stock’s current strength and potential for further gains. Volume analysis shows that PG is trading with a steady increase in volume, indicating strong investor interest. The recent spikes in volume on up days suggest accumulation by institutional investors, which is a positive sign for the bulls. Pivot Point (P): The pivot point is at $164.83, which serves as a critical support level. Resistance Levels: The stock faces immediate resistance at R1 ($168.24) and a stronger resistance at R2 ($171.95). If PG breaks above these levels, the next target would be R3 ($179.06). Support Levels: Key support levels are found at S1 ($161.13) and S2 ($157.72). These levels could act as potential entry points for bullish traders looking to buy on dips. Recent news reports highlight that Procter & Gamble’s focus on innovation and expansion into emerging markets continues to drive its growth. Their strategic price increases have managed to offset the rising costs of raw materials, maintaining healthy profit margins. Furthermore, the company’s commitment to sustainability and digital transformation has resonated well with investors. PG is set to report its next earnings on July 30, 2024. The earnings estimate for the upcoming quarter is $1.37 per share with revenue expected at $20.79 billion. Historically, PG has consistently beaten earnings estimates, with positive surprises in the last four quarters ranging from 3.53% to 8.40%. This trend of exceeding expectations is likely to bolster investor confidence and drive the stock higher as we approach the earnings date. With a dividend yield of 2.29% and a payout ratio of 61.52%, PG continues to be a favorite among income investors. The company’s robust financial health is evident from its strong free cash flow and manageable debt levels, further supporting its ability to sustain and grow dividends. Long Position For long-term investors, PG offers a promising outlook with a target price of $172.18 over the next year. Given the bullish technical indicators and strong fundamentals, a break above the current resistance at $168.24 could propel the stock towards its next target at $172.18, with potential to reach the $179.06 mark in a strong bullish scenario. Entry Point: Consider going long if the stock consolidates and breaks above $168.24 with strong volume. Stop Loss: Place a stop loss at $164.00, slightly below the pivot point to protect against downside risk. Take Profit: Target the $172.18 level initially, with an eye towards $179.06 if the upward momentum continues. Short Position For traders looking to short, PG would only present a viable opportunity if it fails to hold above the support level at $164.83. Entry Point: Consider shorting if PG fails to maintain support at $164.83 and shows signs of reversing downward. Stop Loss: Place a stop loss at $168.50, above the current resistance level. Take Profit: Target the $157.72 level, with a more aggressive target at $150.60 if bearish momentum strengthens. Procter & Gamble presents a solid case for both bullish and bearish traders, depending on how the stock navigates its critical support and resistance levels in the coming weeks. Given the overall bullish trend and favorable news backdrop, the stock seems more inclined towards upward movement, making it a strong candidate for long positions. However, careful monitoring is required, especially around the earnings release and key technical levels. by AxiomExPublished 0