Areas plotted to look out for, combined with daily and weekly moving averages to be used as S/R confluences.
If you haven`t bought PG here: Then analyzing the options chain and the chart patterns of PG The Procter & Gamble Company prior to the earnings report this week, I would consider purchasing the 150usd strike price Calls with an expiration date of 2023-12-15, for a premium of approximately $2.84. If these options prove to be profitable prior to the earnings...
PG formed today a 1day MA50-100 Bearish Cross. Primarily a sell signal, the last 3 occurences of this pattern have delivered higher prices. All those patterns hit at least their prior Resistance level. Additionally, the 1day MACD is 4 days into a Bullish Cross. Buy and target 158.00 (Resistance). Follow us, like the idea and leave a comment below!!
Hello , Although I consider Procter & Gamble stock to be a very good long-term investment. (Safe background and very good dividend system. ) It seems to be working on a bearish pattern now, which is projecting a decline all the way to the $140 zone. For me, it's the only stock I've held long since the $90 level, and I've been buying regularly ever since. It's...
PG is having a strong red (1d) candle that crossed again under the 0.618 Fibonacci level. In the last 10 months, the stock has been trading inside a Rectangle with the price being on the last step (0.786 Fibonacci) before the pattern's bottom. The price is already a solid medium term buy but depending on the MACD, it may provide an even better...
Last time we looked into Procter & Gamble (PG) was December 2022 (see chart below) and called for a massive sell-off to $140: As you can see that took place almost perfectly, with the price dropping even lower from $155 to $136. We hope you took advantage of this analysis and if you didn't short, at least got a comfortable buy entry as the price rebounded and...
Hello, Traders Investors And Community, welcome to this analysis about the recent events, the current formation, and what we can expect in what the last weeks have shown us highly volatile stock PROCTER&G. As I mentioned already in past analysis about the stock-market we are progressing in historical levels within the whole market where we can observe big...
DLTR has earnings in 3-4 trading days. On the 30 minute chart it has been sideways and maybe a little down for this past week which is par for the course given the general market. In the last trading day, price bounced up from the lower of the two Bollinger band set at 2.618 standard deviations below the mean basis band. The ZL MACD lines are upgoing and...
Analyzing the options chain and the chart patterns of PG The Procter & Gamble prior to the earnings report this week, I would consider purchasing the $152.5 strike price Calls with an expiration date of 2023-8-4, for a premium of approximately $2.97. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
Procter & Gamble is off to a strong rebound on the 1D MA50 with the 1D timeframe backing it up on very healthy bullish technicals (RSI = 64.041, MACD = 0.370, ADX = 25.513). With the 1D MACD just completing its 2nd Bullish Cross in more than a month, slightly over the 0.00 level, we will take this opportunity to buy and target the top of the longer term Channel Up...
PG recently bounced off key fib levels to continue up the channel. Earnings will be reported on 7/28 which gives us a good size window to jump in and let this ride up. Reasons: • Bounced off key fib level • Continues to follow an upwards channel • Earnings within 6 weeks Comment below and let me know your thoughts.
On the 2 hr chart, PG was fighting heavy resistance for month. The supply /resistance zone is on the chart from the Luxalgo indicator. Multiple touches but the zone was not broken. Price has retraced down beyond the 0.5 Fib level. PG is tracking well with XLP the consumer staples ETF shown as a thin black line on the chart. The Luxaglo Echo indicator,...
PG had a triple bottom in March and now is again on an uptrend rest march towards the all-time high of $ 165 which is the target here. The volume indicator shows a slowly rising volume compared with March with a spike on April 20th corresponding to a favorable earnings play. The long term moving average shows the reversal of the downtrend into a triple...
Procter and Gamble Co - 30d expiry - We look to Buy at 149.61 (stop at 146.11) The primary trend remains bullish. This stock has seen good sales growth. This is currently an actively traded stock. We have a Gap open on 21/4/2023 from 150.85 to 154.94. A higher correction is expected. Previous support is located at 149.50. We look to buy dips. 50 4-hour...
PG is way overbought here and approaching a shorter term triple top which it wont see on this leg. I would expect a short term correction to FIB .236 $147.12 then cloud support of $145.45 before possibly breaking through a triple top. Definitely a good trade for a scalp if those support levels are broken then we hold the short til next MA or support level. GL
Reversed dircetion, strong momentum on the previous hump with enough time and space to gain more ground. It sounds like a deal to me.
PG ( think soap, cleanser, laundry detergent toilet paper) is a stock that pays no attention to market noise, In analysis terms, it is a low or no beta stock. On a busy chart, the price is curently at the confluence of the SMA 50 21 and 9 averages also sitting at the long-term VWAP anchored a couple of earnings ago. It is also in the center of the high...
Procter and Gamble Co - 30d expiry - We look to Sell a break of 135.66 (stop at 139.66) Trading within a Corrective Channel formation. There is no clear indication that the downward move is coming to an end. Daily signals are bearish. 135.83 has been pivotal. A break of the recent low at 135.83 should result in a further move lower. Our outlook is bearish....