PG - Short/NeutralConsider spreads or short option structures targeting sub 140, currently looking like distribution at the previous high.
You could also consider going long/short with something in a better position in the same sector.
PG trade ideas
$PG - H&S forming, puts below 143.8,invalidate above 145$PG - H&S forming, watch for puts below 143.8, invalidate above 145, levels are in chart
Wedge pattern, and weekly resistance SELLWeekly resistance, with price being over bought
Look for sells here 🐾🤘🏾
PG looking for a breakoutPG looking good. Expecting another green candle tomorrow breaking over resistance. 3 green soldiers. In on $145 calls expiring 8/20.
$PG with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PG after a Positive over reaction following its earnings release placing the stock in drift B
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PYG (PROCTER & GAMBLE) BULLISH VISIONTwo active chart patterns.
Space to rise by waves.
Do you have two options to enter:
1. 141.0 resistance breakdown.
2. leave a buy limit order on the support 139-140.
Hold on and enjoy! :)
$PG | Procter & Gamble All Time High's Printed by ModelThe targets on this chart are produced by a proprietary model. Data is fed into the model, the output is the targets you see on the chart. The support zone is also defined by the model.
$PG looking ready for a major breakoutA nice cup and handle pattern forming with a breakout possible over 142.
PG inverted H&S RSI say the breakout has happened already.
Target is 147
Might benefit off some sector rotation into Value
Procter and Gamble in Consolidation...P&G is consolidating and we might see a drop down to the lower triangle line before any further impulse on the up side.
Cup and Handle Ascending TrianglePG has a bit to go before reaching long entry level for the cup and handle pattern. It is also in an ascending triangle which is neutral until price breaks a trendline. If PG breaks up the full amount from the ascending triangle, it would put price to long entry level for cup pattern.
Price is close to the handle low and can be support if it holds. Price is now in the nose of the triangle and there is always a chance it could break to the downside. Sometimes they break down before they break up, or sometimes they just break to the downside. The theory is chances of an upside break is higher, but MR Market rarely does the same thing twice. (o:
No recommendation
P&G D1Procter & Gamble has good growth potential. The past year has been quite successful for the company. Due to the coronavirus situation, the company's products were very salable. Which led to high profits that spurred the stock to rise. Today the situation with the coronavirus is gaining momentum. The number of diseases around the world is growing very rapidly. This situation will increase the demand for products. The population of the planet is forced to observe hygiene measures. Large profit turnover will be a good incentive for the growth of stocks!
Activate!Another activation from a decision zone. However i am going to be prudent and wait for price to get me in the trade,so iv put a sell order just below my zone.
Entry: 133.84
SL: 138.14
TP: 121.30
Bias: UpPrice bounced from a cross trendline, with volume came in, i am expecting some short term upward movement in the future.
Wait. . . .just a bit!It looks like April could have been the start on a lower high on the Monthly for PG. Prices just couldn't continue the push started on March. Then the Weekly reinforces my bearish outlook with a strong 19 Arpil candle with good volume. On zooming in on the daily we have a bullish retracement going on so il wait price to hit and reject the 134-135 zone. That will make a good entry with an attractive R (target down at 120-121). . . . .but for now i wait!
$PG with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $PG after a Negative over reaction following its earnings release placing the stock in drift C
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P&G - Buy for target of 145.P&G having strong support in the range of 134-135.
Can be bought at current levels for a target of Rs.145 in short term.
Analysis :-
1. Strong Uptrend
2. Trading Near Support
3. Price Action
