short traps, thats the stuff I do like! 🚀seems like we are ready to rally after a short trap on the most recent break below support, potential targets are 152-159.58-163.75
4PG trade ideas
PG Hello friends! now let 's analyze the PG company my Wyckoff Line indicator, which you can access and which clearly defines the liquidity zone of professionals , as well as with which you can determine the liquidity zones and, accordingly, understand where the accumulation is .
Where is the distribution absolutely clearly and determined the repulsion from the liquidity zone at the very bottom
You can also see that I recently made a deal on the chart , this mark is marked with the mark b 1 ,
which also absolutely clearly indicated the purchase before the decline
On the right we see the relative strength index , which shows that at the moment the company is still in a negative moment relative to the market and it is not yet ripe for purchase at the moment and we must definitely wait until the price reaches the liquidity zone , after which we will already look at the relative strength index and certainly by sector
Thank you all
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PG rebounded. Consumer staples ftw PG rebounded with a tweezer bottom and a piercing line candle. However, we expect some resistance at US$157.02 region.
Long scalp PGBased on its uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF PG exceeds today's high of $156.76 during tomorrow's session.
$PG for long term?$PG robust 10% organic growth is bolstered by higher prices and sales volume, especially the price due to inflation. Lately, the stock has been down-trending for the past few days reacting to overall market sentiment. in terms of technical analysis, the stock might continue to trend down based on historical patterns and indicators. if you look at the 4hr chart it seems that the stock is just make a breakthrough just above the 200MA but still looking bearish.. As the market slowly shifts to a cyclical rotation, most investors are looking for defensive stocks like basic needs, health care and energy.
Below is my target for entering and exiting for PG.
Day trade or scalp target play: 04/227/22
Buy call above 157.51 sell at 159.23 or above.
Buy puts below 153.25 sell at 152.26 or below.
option open interest: ideal expiration date: (risky) 06/17/22, 7/15/22
Hello everyone,
Welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock might possibly going the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions on which stock I should analyze, please leave a comment below.
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My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
PG is Bullish!PG sets to complete its inverse head & shoulder formation which would shoot the price to an ATH. It is the best time to make an entry now with the formation of Bullish Harami Candle.
Also, Bullish Divergence, ABCD pattern and retracement of price from 0.5 Fib level supports the idea.
Entry - 156
Target - 165
Stoploss - 153
Disclaimer: Not a financial advise. Do your own due diligence.
V BottomPossible stop under a pocket pivot or where you see support.
Earnings in July.
Long entry level is a level above resistance and is often used as a level to enter the security at or above this level, unless already in the security.
PG has met targets for the ABC Bullish pattern.
No recommendation
Support levels, trendlines and patterns can fail.
$PG with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PG after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 71.43%.
analysis on PGAs we see on this graph we have a big probability of downtrend so we have a breakout of the support line and the vwap indicator.
Proctor & Gamble PG - Yet Another Lovely Short SetupPG approaches my short zone. Risk/reward is looking excellent.
ABC BullishPG is fighting resistance the last few days and it may knock price down a notch. Support and resistance levels are often broken or the market would be ranging all the time (o:
Long candle wicks (TOPS) can show a struggle with resistance. Long candle tails can show price reaching for support.
Hopefully PG has completed it's fall from the ugly top.
I have noted over the years that the old reliable stocks pull back on a positive day for growth stocks.
This also looks like a make shift Inverse head and shoulders bottom.
No recommendation.
EPS (FWD)
9.99
PE (FWD)
24.70
Div Rate (FWD)
$5.52
Yield (FWD)
2.24%
Short Interest
0.81%
Market Cap
$185.34B
PG is breaking outCrossed the 50 & 200 SMA and current markets conditions favour consumer staple stocks.
Inside bar with the main trend.Buying the main trend looking to make around 15-16% return over the next few months.
$PG in the up side?$PG just close above the ema lines last friday showing some possible momentum move.
recently PG got downgraded to neutral by two agencies due to inflation. but the downgrade
is not bad. average move per of PG is about 1.50-2.00+
Day trade or scalp target play: 04/04 /22
Buy call above 155.49 sell at 156.35 or above.
Buy puts below 154.32 sell at 153.56 or below.
option open interest expiration date: 4/14/22 or 5/20/22 expiration.
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
See you at 143?At the beginning of the year, I halved my position to 162. It often marks an important annual low in the first months of the year. End of February beginning of March it is possible to review an attractive price, if it reaches 143/145 I start to buy strongly. 148 is a good price, look Fibonacci level. i update in future. See you soon
This may be worth a lookIf it closes a candle above $160.50 in the next few days, I can see it re-challenge the $165 resistance... but this time with some serious momentum behind it.
Triple top reversal pattern on "Procter & Gamble" "PG"Reversal pattern process beginning to take place on Procter and Gamble.
Watch the video and please give me your thoughts about this.
Short "PG" Procter & Gamble has made a triple top reversal pattern. Now it looks like a bear flag forming. Price target $150.00
Let me know what you think.
PG Key levels, Analysis & TargetsPG Key levels, Analysis & Targets
From the wave count, there is a downtrend trend.
$PG - Triple TopNYSE:PG
$PG rests right above the breakout point of its triple top pattern. MACD curling bearish. RSI just broke below 50.
This seems to be a fairly textbook example. This pattern boasts a 79% success rate (allegedly, I've never backtested it).
Options flow appears mixed, with 2/12/22 activity leaning slightly bullish.
As always, no need to rush. Always confirm.
Potentially Bullish Consolidation in Procter & Gamble Procter & Gamble quietly broke out of a 12-month range in November and December. Now, after a period of consolidation, it may be ready to continue higher.
The first feature on today’s chart is the W double-bottom pattern above $156. That potentially suggests new support has developed above its previous all-time highs.
Second, 50-day simple moving average (SMA) has caught up to the stock following its December surge.
Third, MACD is turning upward again after dropping during the last month of consolidation.
Finally, PG held its ground when markets tumbled in January. It’s also above its 50-day SMA – something that could only be said for about one-third of the S&P 500 on Thursday. That kind of relative strength in times of turmoil may foreshadow steadier gains if overall volatility fades.
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$PG with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PG after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
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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!
