PG - Curve Leading to Further UpsidesSimilar curved uptrends can be seen in green rectangle
The first curved uptrend lead to a strong bullish continuation above trend line
Will the second have the same fate? (bars pattern placed)
Continuation result
PG trade ideas
Oil Lumber Coffee9. 14. 22 what is really profitable about these markets is that they hit a target with a good profit, and if you get out they move down to the breakout area where they went higher initially, in the market gives you another chance to make almost the same amount of money as the original trait. If you're thinking is that a market that reverses and goes higher, and then turn starts to go lower and is therefore going to make new lows.... you'll never take the tray it counts. 1 corollary to this is that if you never got in the market the first time around, then you can get into the market when it comes back to a lower price and a support. Even though this sounds obvious, if a market goes higher and then reverses to go, this does not mean that it's a bearish market, it's just a correction. The better question is how do you know which one it is? The answer is :Look for buyers! It sounds easy, but it took me a long time in my own Quest before I believe it. It's obvious, but it wasn't easy.
PG inverse HSH formationDear All,
chart seems to have an inverse HSH formation and it is almost occured.
This is not a financial or investment advice.
PG: Can we breakout?Procter and Gamble Co -
Short Term - We look to Buy a break of 148.20 (stop at 142.08)
The trend of higher lows is located at 138.75. This is positive for sentiment and the uptrend has potential to return. We are trading within a Bullish Ascending Triangle formation. A clear break of 148.00 and we would look for further gains to 163.00.
Our profit targets will be 162.98 and 172.00
Resistance: 163.00 / 172.00 / 180.00
Support: 140.00 / 130.00 / 120.00
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Procter & Gamble CompanyProcter & Gamble Company
Price 145.62 P/E (Trailing) 25.86
Change -0.68 P/E (Forward) 22.85
Change % -0.46% Dividend Yield 2.50%
Prev Close 146.30 Dividend 3.65
Volume 2,973,377 Market Cap 350.06B
Year Low 129.50 EPS (Trailing) 5.66
Year High 165.35 EPS (Forward) 6.40
PG OIL8.9.22 I started with oil. I was looking at market dynamics and describing how this Market may move higher and lower. I decided to look at PG (Proctor and Gamble) Because I believe it represents with might happen to other stocks in markets that most likely will trade much lower.
$PG with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PG after a Negative over reaction following its earnings release placing the stock in drift C.
PG's Important ZoneGood morning / afternoon / evening.
Decided to do a short term view on one of my favorite stocks out there.
After a miss Earnings and reached Revenue PG fell Below weekly support indicating that the price can be seeing lower levels in August.
129.4 - 135.06 zone is gonna be playing a essential technical levels for PG's share.
A very brief breakout can happen if price confirms 129.4 below, My opinion on this would be; waiting for a confirming levels to start DCA-ing PG.
I will update this post again, If you are interested you can follow me on it.
Cheers.
Disclaimer .
Do NOT trade or invest based upon the analysis presented on this channel. Always do your own research and due diligence before investing or trading. I’ll never tell you what to do with your capital, trades or investments. I’ll also never recommend for you to buy, sell, long or short any asset, commodity, security, derivative or cryptocurrency related instrument as it's extremely HIGH RISK! You should always consult with a professional/licensed financial adviser before trading or investing in any type of assets.
Waiting for a double minimumHey thanks for this drop, I needed cheap prices to increase my fund. It perfectly recognizes the Fibonacci levels from the low of the covid to the recent highs. It would be interesting to enter a double bottom near the base of the uptrend channel. An update will be released in the coming weeks. Let's wait.
Procter & Gamble ( PG )
Procter & Gamble fell sharply two months ago. Now, after a rebound, it could be struggling. The first pattern on today’s chart is the big drop on May 18 after Target’s ( TGT ) weak quarterly report hammered retailers. PG rebounded toward $149 before making a new 52-week low under $130. It then retraced most – but not all – of the drop. The result was a slightly lower high below the late-May pivot .
Next, the stock hit resistance at its falling 50-day simple moving average ( SMA ). Notice the candlesticks with high tails July 6-13, showing an inability to close above the SMA . It’s also back below its 21-day exponential moving average ( EMA ), another sign of a downtrend.
Third, stochastics are dropping from an overbought status.
Short Term - Sell at 144.80 ish (stop at 147.50)
Targets: 140ish&137ish
Resistance: 147.82/152.25/156.81
Support: 139/136.45/131.85
NYSE:PG
Procter & Gamble Could Be StrugglingProcter & Gamble (PG) fell sharply two months ago. Now, after a rebound, it could be struggling.
The first pattern on today’s chart is the big drop on May 18 after Target’s (TGT) weak quarterly report hammered retailers. PG rebounded toward $149 before making a new 52-week low under $130. It then retraced most – but not all – of the drop. The result was a slightly lower high below the late-May pivot.
Next, the stock hit resistance at its falling 50-day simple moving average (SMA). Notice the candlesticks with high tails July 6-13, showing an inability to close above the SMA. It’s also back below its 21-day exponential moving average (EMA), another sign of a downtrend.
Third, stochastics are dropping from an overbought status.
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PG - Ripe for an upside. Consumer staples FTWPotential cup and handle information and we have a two strategies approach to it. One is to play on the breakout of the resistance at US$147.44 and wait for a retracement back to the demand zone at US$139.22
PG - Non Log AnalysisComparative bullish phases, strong movement upward but in a staggered fashion
Following this is a large up channel
Non Log chart
PG sitting on good support shelfPG was green today while the market and most stocks sat red. Shelf could act as good bounce zone. I'd like to see 140 hold if there is short term downside.
Inverted H and S on PG?I like this possible inverted H and S. Nice retest and bounce of the RTG a few days ago.
PG looks to be break out soonWith interest rates going up, and people shunning away from high growth tech, semi stocks and into more of defensive stocks is a bullish environment for NYSE:PG . Now with a solid chart with strong technicals has made me add more at these levels as I put my around 505 cash back to work
Rectangle Top//Rising Wedge//OUCH!Major sell off in progress.
Ugly red candles with a bunch of sellers inside.
PG fell from a rectangle top and sellers have been brutal.
The 50% retracement of the last trend up is not far below.
Price is below the bands and oversold. This condition can last for extended periods of time, especially in a bear market.
Price looks stretched to the down side. Selling may exhaust soon.
Rising Wedge noted inside of the rectangle top. The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. It is different from a symmetrical triangle as both trendlines slope up. Rising wedges have a bearish bias and are not valid until the bottom trendline is broken. Price can break to the upside from a rising wedge, but in the end which can sometimes be months or years, this trendline is broken.
Rising Wedges during the bull market would barely break the bottom trendline or even break the upper trendline and continue to the upside. In this market, they appear to be a bit more dangerous as when price falls as of late, there is so much resistance overhead and panic selling seems more likely to occur. The Rising Wedge can send a security in to a free fall in a bear market.
It looks like price is due for a bounce up very soon as price is very stretched to the downside. Even sellers exhaust eventually.
Possible short after bounce up if it occurs.
There is a lot of resistance overhead.
No recommendation.
Is the selling justified? I guess it is what it is.
RectangleRectangles are neutral until a trendline is broken with a Confirmed trend in that direction.
Targets above rectangle are for a break to the upside with the larger type being T1, and the smaller type is T2 is target 1 is broken.
Orange type below rectangle are possible targets if it breaks to the downside.
No Recommendation/Neutral until a trendline is broken with conviction.
Analysis-downtrendHere as you see on the chart we will have a big probability of a downtrend.thanks.
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
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
Click like subscribe necessarily if the review came in! Then I will post more ideas .
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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.
