AutomateForex

PG technical analysis : Buy position

Long
NYSE:PG   Procter & Gamble Company (The)
Hi Traders,

Based on technical analysis, PG has just begin momentum in a bullish direction and is now a bullish sided market we can confirm that with all our RSI, Market momentum catcher and Market side catcher indicators all showing a green bullish signal. I'm expecting price to hit a target of 165.30, you can place a buy position around 150.50 or wait for a good buying position when price break the resistance line at 154 then place your buy position at 155.

Thanks,
Happy trading
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