MunjaalRaval
Short

Correction anticipated in PG !!!

NYSE:PG   PROCTER & GAMBLE COMPANY (THE)
68 1 2
Prices lack momentum on its northward journey which can be seen in RSI that indicates a negative divergence in the trend. Prices anyway are hovering around its upper band of channel which itself is a resistance zone where a bearish candlestick pattern called 'Dark Cloud Cover' can be observed. Thus, current levels can be seen as an opportunity to go short for the target of 86 with stop loss above 90.40
according to the volume of shares, the target must be somewhere close to 70
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