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TheLongBear
Nov 16, 2018 11:45 PM

Finally PG is overbought! Short

NYSE:PG1W
Procter & Gamble Company (The)NYSE

Description

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The weekly chart says it all. PG is extremely overbought. It touched the 161.80% Fibonacci extension at 94.70. Weekly RSI has crossed 70 today and pulled back. Probably it is time for a pullback.
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