PG trade ideas
&PG GORGEOUS PUMP THIS AM FROM $GS (BEARISH!)Chase at your own peril. Accumulation had been plummeting and now they just need a little more kick to clear out the inventories. *** Let's talk about it! ***
Procter & Gamble ideaThe price is becoming too steep. A healthy trend is around 45 degree. It is not good time to invest in something that is too steep.
PG 1 Month, Potential Short Opportunity DevelopingPG, Proctor & Gamble recently hit an all time high. It is over extended in the top of the Murrey and was flagged by a Spectro Volatility Omega Alert in the previous candle. MACD is has reversed and Spectro O, tracking volume on a BB Fibonacci Scale is also showing the beginning of a reversal in the overbought zone. Spectro Cloud is also showing a predictive reversal zone near the $90 range as a conservative low swing. This may not be the precise entry point, but is an asset to keep an eye on for an opportunity to short in the near future.
Spectro M has not confirmed the down move yet on candle/price action, but it may be near. Lower time frames suggested for precise entry. TIght stops should be employed, as the overall PG sentiment is strong and it is a fundamentally diversified company with many arms in the umbrella. Where PG deals in a lot of home care and staple goods, my thought is that it may bode stronger than other assets, should the overall index recede.
NYSE:PG
Analysis by Alchemist LA
PG overextended At a 10 year low on dividend yield, usually a good indicator for tops. After 50% run up should get a significant pull back in the coming months.
PG making movesNYSE:PG making new all time highs, and is looking for more! The RSI is very bullish, and looks to be moving back up as well indicating more upside momentum! With new highs comes uncharted waters, so I'm going to turn to the 2.168 fib extension for a target range.
Hopping into the daily, it has been trading in an ascending wedge bounced right off that trend line moving upwards. As long as we can break the previous high at $108.68 we have clear skies for another push
$PG - ready for a pop?May give it a day or two for confirmation off the lower arrow. Also had a few upgrades in April, doesn't appear to react to tariff news very much at all. Any thoughts?
PG will go under 25$I gave you the Bitcoin 19.5k$ 'Short of a lifetime' .
By doing the exact same tests i did on BTC, PG is going under 25$.
I don't know exactly why its working so wekk, but its working.
Be ready for the biggest stock market crash in the world history.
Keep at your own risk!
PG has been here beforePG tried to break out here before but earnings got in the way. I'm hoping this time it's going to break out.
Procter & Gamble opportunityDaily shows overbought with candles showing rejection on the upper side of the channel. A short can be placed if we see an impulsive below 105 level on to test the uptrend line, better with a spike in volume as well. If not, a long is likely on bounce from the 105 zone.
Please like and comment your thoughts on this!
Proctor & Gamble Finalizing 5th Wave Up in Parabolic Fashion Analysts predict that Procter & Gamble earnings growth rate will slow down to 6.88% over the next 5 years. The recent rally in PG's stock price however, would have you believe the company's earnings and revenue were growing at a double digit rate.
From a technical perspective, indicators are rolling over as the stock is climbing in a parabolic manner inside a rising channel.
The best way to play PG for a downside move is to fade the trade by shorting the stock. First, we will set a sell stop below the 10 day EMA. A close below this level should see the stock dump to the 50 day or previous break out spot and create the "A" leg of an ABC correction. On a bounce, we will look for a failure at "B" and add to our short below the 50 day EMA.
Our initial profit target for PG is $94 and secondary target of $86 ("C").
PG reaching new All Time High: Go SHORT!NYSE:PG
(I see an upside down Giraffe/H pattern with a severe Bear Div.)
Im contrarian on this as Proctor & Gamble hit a new ATH. At best, volume here has been weak compared to lower zones. Don't buy the top and get stuck for 2 years. Im seeing SHORT all over. Don't discount the Bear Div. and the No Volume support. Watching for an 15-18% pullback. Don't buy the Top!
PG BREAKING UPWARDS TRENDLINEPG just broke out of an upward channel on the daily. Last time it did this in October it dropped significantly before returning to the channel. If this is confirmed today with a close below the line, I think a reasonable short price target is 87 range. Could go with some further out, but I think 87 is a conservative short, especially with the SPY looking more and more bearish.
THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL.
