PGDow jones breaks out , value and Health rocket higher. Looking for PG to tag 160 in the next 2 weeks. Earnings is Friday. Some tough resistance at 155 but once it breaks over that it's gone to resistance Longby ContraryTrader2
PROCTER & GAMBLE: Starting a strong bullish leg.Procter & Gamble is off to a strong rebound on the 1D MA50 with the 1D timeframe backing it up on very healthy bullish technicals (RSI = 64.041, MACD = 0.370, ADX = 25.513). With the 1D MACD just completing its 2nd Bullish Cross in more than a month, slightly over the 0.00 level, we will take this opportunity to buy and target the top of the longer term Channel Up (TP = 161.50). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope5
P&G Target $135Procter & Gamble is in a weekly uptrend but was hitting its „head“ on the 158.00 resistance. After consolidating there it fell through the local higher low, building a new lower low and is currently retracing to that former local low which acts now as a resistance. The stock showed large sell volume on that resistance last friday which suggests we might se another break down to the current support at 135.00. We have two problems to consider in this trade: 1. The XLP (Index for Consumer Staples, with P&G as its biggest position) is currently more on a support than resistance and might suggest an upward move. That could mean P&G breaks through the 150.00 and is heading higher. 2. The yellow trend line was not broken yet. As a price action trader this is more of a minor problem to me because trend lines are artificial and only an indication for specific price action but should not be mistaken as price action itself. I therefore suggest to wait what happens today. If we see further downward movement, the trade could be taken. If we remain at the 150.00 resistance without larger sell volumes we should skip this one. Also, do not forget that consumer staples show steady performance during recessions and inflation periods because of the nature of their products. Not a primary concern for technical traders but it should be kept in mind. — 🐻 Trade Idea: Short - PG 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout / Option 🔍 Entry: +/- 147.00 🐿 DCA: No 😫 Stop-Loss: 155.00 🎯 Take-Profit #1: 135.00 (75%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨 If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button! — Disclaimer & Disclosures pursuant to §34b WpHG The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only. Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility. Shortby LGNDRY-CapitalUpdated 112
PROCTOR & GAMBLE IS SOON TO SEE GOOD TIMES AHEADTECHNICALS - HIDDEN BULLISH DIVERGENCE - Procter & Gamble has formed a nice Positive Divergence or Hidden Bullish Divergence pattern on the Monthly chart indicating upside momentum on the chart STRONG SUPPORT LEVEL It has also Reversed Twice from a Strong Support zone which had earlier acted as Resistance level indicating further upside potential for the stock REVERSAL FROM 50D SMA It has also tested 50 Day Moving Average and has reversed from it nicely FUNDAMENTALS - NON-CYCLICAL STOCK - It is in the sector of Consumer Non-Durable Goods (healthcare & hygiene) which is an all-weather sector making the stock immune even to the upcoming recession (if it comes at all) EBITDA & NET PROFIT - Its EBITDA & Net Profit Margin growth stands at 24% & 17% which beats almost 90% of its peers and ROE is at 31% which is the industry standard DIVIDEND YIELD - If that's not enough then the stock also gives a dividend with yield at 2.72% and it has paid dividend for 133 years and raised dividend for 67 consecutive years, what could be a better alternative than such a stable dividend paying stock during the upcoming downturn in the market (if it comes) Longby peace_lover2
PG bullishLooking to enter long if market is bullish this week. Stop loss and Take profit marketby jwatson54512
PG Earnings Play - LongPG recently bounced off key fib levels to continue up the channel. Earnings will be reported on 7/28 which gives us a good size window to jump in and let this ride up. Reasons: • Bounced off key fib level • Continues to follow an upwards channel • Earnings within 6 weeks Comment below and let me know your thoughts.Longby rburmeister21
Procter & Gamble is soon to see good times Ahead TECHNICALS - Procter & Gamble has formed a nice Positive Divergence or Hidden Bullish Divergence pattern on the Monthly chart indicating upside momentum on the chart It has also Reversed Twice from a Strong Support level which had earlier acted as Resistance level indicating further upside potential for the stock It has also tested 50 Day Moving Average and has reversed from it nicely FUNDAMENTALS - It is in the sector of Consumer Non-Durable Goods (healthcare & hygiene) which is an all-weather sector making the stock immune even to the upcoming recession (if it comes at all) Its EBITDA & Net Profit Margin growth stands at 24% & 17% which beats almost 90% of its peers and ROE is at 31% which is the industry standard If that's not enough then the stock also gives a dividend with yield at 2.72% and it has paid dividend for 133 years and raised dividend for 67 consecutive years, what could be a better alternative than such a stable dividend paying stock during the upcoming downturn in the market (if it comes) Longby peace_lover3
Proctor & GambleLast 2 weeks have been rough on value and most health stocks. When Risk assets (Tech) outperform, stocks like value and health which are consider defensive tend to underperform or outright correct. I think in the upcoming g next 2 weeks there will be a rotation back into value. Here's PG on the weekly approaching trendline support, fibonacci support , weekly 50sma and daily 200sma all around 143 area . Im looking for a pop up to 150 in the next week before a minor pullback then a leg Higher to 160. Price usually doesn't go straight up, there's usually a accumulation pattern (Double bottom , inverted H&S) like I've showed in the yellow box 142 stop loss Longby ContraryTrader119
PG on downtrend continuanceOn the 2 hr chart, PG was fighting heavy resistance for month. The supply /resistance zone is on the chart from the Luxalgo indicator. Multiple touches but the zone was not broken. Price has retraced down beyond the 0.5 Fib level. PG is tracking well with XLP the consumer staples ETF shown as a thin black line on the chart. The Luxaglo Echo indicator, a predictive AI tool suggests that price will retest the 0.5 Fib level and then descend to the support /demand zone with a volume mean of 149.5. I will take a short position with put contracts with a strike of $ 154 above the Fib 0.5 level with DTE of 6 = 5/26. For the stock position, I will set a sell limit of $153 also with a stop loss of $ 154 with the the target for 2/3 of the position at $ 150 and the remaining third is to watch to see if the zone brakes. I believe that this is a safe trade in a low-volatility stock set to capture profit advantaging the prevailing trend running in concert with the subsector ETF.Shortby AwesomeAvani881
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 Longby AwesomeAvani5
Procter & Gamble to close its gap?Procter and Gamble Co - 30d expiry - We look to Buy at 149.61 (stop at 146.11) The primary trend remains bullish. This stock has seen good sales growth. This is currently an actively traded stock. We have a Gap open on 21/4/2023 from 150.85 to 154.94. A higher correction is expected. Previous support is located at 149.50. We look to buy dips. 50 4-hour EMA is at 147.98. Our profit targets will be 158.61 and 159.61 Resistance: 156.50 / 158.11 / 160.00 Support: 154.50 / 152.00 / 149.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.Longby VantageMarkets1
The Following 3 Steps Have To Happen:Before You Buy In ResponseYou see its always about being patient == If you are not patient then you will make mistakes in your trades == and you will miss good opportunities to make money == Remember the aim is for you to make money == The following steps have to happen: == 1. The price has to hit a new high on the week 2. The price has to gap up on the candlestick chart 3. The price has to gap above the 13 Day EMA == When the 3 above steps happen you should buy == Before you enter a trade remember to keep your cool after you see this opportunity at market close on Friday == You then need to be ready to buy. == Remember you have to be patient = stay tuned for another buying opportunity next week == Faithfully , Lubosi ForexLongby lubosi4
long position on PGMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maketLongby batchangoyves2024
PG SELL ++++PG is way overbought here and approaching a shorter term triple top which it wont see on this leg. I would expect a short term correction to FIB .236 $147.12 then cloud support of $145.45 before possibly breaking through a triple top. Definitely a good trade for a scalp if those support levels are broken then we hold the short til next MA or support level. GLShortby ShortSeller763
PG technical analysis : Buy positionHi Traders, Based on technical analysis, PG has just begin momentum in a bullish direction and is now a bullish sided market we can confirm that with all our RSI, Market momentum catcher and Market side catcher indicators all showing a green bullish signal. I'm expecting price to hit a target of 165.30, you can place a buy position around 150.50 or wait for a good buying position when price break the resistance line at 154 then place your buy position at 155. Thanks, Happy tradingLongby AutomateForex0
Monday Trade RecapDid you trade using the strategy i shared with you yesterday? - - How did the trade go? - - In this video I share with you the problems and worst-case scenario that you could have potentially faced using - - The trading strategy i showed you yesterday - - Watch it now to find out the problems and challenges you may potentially face.Long07:52by lubosi1
Longing Procter and Gamble. YOLO. PGReversed dircetion, strong momentum on the previous hump with enough time and space to gain more ground. It sounds like a deal to me. Longby Rykin_Capital2
long position on PGMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maketLongby batchangoyves2021
PG Proctor & Gamble Swing Long or InvestPG ( think soap, cleanser, laundry detergent toilet paper) is a stock that pays no attention to market noise, In analysis terms, it is a low or no beta stock. On a busy chart, the price is curently at the confluence of the SMA 50 21 and 9 averages also sitting at the long-term VWAP anchored a couple of earnings ago. It is also in the center of the high volume area on the longterm profile. Earnings are steady and consistent typical of a reliable but slow-mover. The rising MACD lines and the RSI piercing through its Ichimoto cloud serve to further confirm that PG is in a confluence sweet spot. I see this as a good spot to dollar cost average into a holding of 100 shares to be used to sell monthly options for income or alternatively purchase a call option contract at a strike of about $10 below current price with DTE of 150-200 to make for a stable contract avoiding the market fluctuations. Longby AwesomeAvaniUpdated 1
long position on PGMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maketLongby batchangoyves2020
Procter and Gamble to extend losses from corrective channel?Procter and Gamble Co - 30d expiry - We look to Sell a break of 135.66 (stop at 139.66) Trading within a Corrective Channel formation. There is no clear indication that the downward move is coming to an end. Daily signals are bearish. 135.83 has been pivotal. A break of the recent low at 135.83 should result in a further move lower. Our outlook is bearish. The bias is to break to the downside. Our profit targets will be 125.66 and 123.66 Resistance: 139.50 / 141.60 / 144.10 Support: 137.00 / 135.83 / 133.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.Shortby VantageMarkets3
PG Bullish CallPG Bullish Call Procter & Gamble achieved revenue growth rate of +5% in Q2 FY 2023Longby leharman0
Procter & Gamble Company – PG• Triple top formation in the first weeks of the year • Followed by a correction to the price target of USD 143.60, which was the appr. high of the flag • New flag formation with a price target of USD 124.94 • It looks like the stock will test the last October lowsShortby Oliver-Basel0