Proctor & Gamble - Bullish rebound expected

Since the break out of the larger falling wedge, we saw a straight impulse rally after that. Despite a recent downside correction, the stock saw a potential upside after a rebound above the support at US$139.22 with a hammer. The upside is likely to target US$146.00 in the near-term. The first target price is at US$148.51, followed by US$148.51