VantageMarkets

Procter&Gamble to turnaround at previous swing low?

Long
BATS:PG   Procter & Gamble Company (The)
Procter and Gamble Co - 30d expiry - We look to Buy at 142.52 (stop at 138.52)

The primary trend remains bullish.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
The previous swing low is located at 141.90.
141.90 has been pivotal.
Preferred trade is to buy on dips.
This stock has seen good sales growth.

Our profit targets will be 152.52 and 154.52

Resistance: 146.50 / 148.00 / 150.00
Support: 143.90 / 141.90 / 140.00

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