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trad3r74
Nov 16, 2018 4:17 PM

PG looks overbought and currently at resistance 

Procter & Gamble Company (The)NYSE

Description

PG has been on the nice ride since May 2018. It is currently on a raising wedge pattern and looks overbought, which correspond to the resistance area. It will likely to pullback anytime soon, possibly to somewhere between $84 and $85 which is the support area after a gap up. However, it is safer to wait until the next trading day to confirm my prediction.
Comments
Septimus
Wow, great call!
Suporbia
agree - await around 90 in one week at least
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