Procter & Gamble (P&G) Overview and AnalysisProcter & Gamble (P&G) is a global leader in consumer goods, offering a wide range of household, personal care, and health products. Their iconic brands, including Tide, Gillette, Pampers, and Olay, have made them a household name worldwide.
1๏ธโฃ Past Performance: In their last two earnings reports, the stock jumped by ~12% after strong results.
2๏ธโฃ Current Price: The stock has dropped to a key support level ($159), attracting buyers at a discount.
3๏ธโฃ Upcoming Earnings: Set for January 22, 2025โa potential catalyst for movement.
4๏ธโฃ Outlook: Analysts predict a price target of $209 by year-end, highlighting strong growth potential.
PRG trade ideas
$NYSE:PG Setting up againAfter this bull flag breakout idea:
NYSE:PG has retraced back and giving 4 confluences to go long here:
* Bouncing off the Weekly 50 SMA
* Bouncing off the Daily 200 SMA
* 0.618 fib retracement bounce
* Bounce off of the ascending support line since 22'
The risk is weekly close under 50 SMA
The profit targets would be 175 & 180
I am looking at the 180C for February to cover earnings, can also go with LEAPS for peace of mind
PG heads up at $177: Possible double top here for a good reasonPG previously topped at this double fib zone for a reason.
Golden Genesis reinforced by a Covid fib for strong resistance.
Now to see if we get a "double top" here or a Break-and-Run.
$ 177.03-177.52 is the key zone of interest.
Looking for a rejection to supports below.
Or a Break-and-Retest entry for next leg.
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Bullish PG Bullish Call Options!Options Call for PG January 17, 2025!
Bullish Call: $170 Call at $5.30 on Robinhood, target price is $180 so it would be aproximetly a $11-13 option by the end of January 17th (+41D). The conditions are favorable with a Delta of 0.5902, an implied Volatility of 15.16%, and a Chance of Profit of 37.08%.
Stock Targets: 178 Target Profit, 170 Entry, 168 Stop Loss, it's a 2.58 Risk to reward ratio with a 7.65% Price Swing or 15% if PG overshoots to $190!
Chart Analysis: Bullish XABCD Chart pattern. Confirmed Bullish Breakout on the Regression Trend with a Bullish 3 Bars FVG.
Technical Indicators: Gabriel's Fractal TRAMA Dragon indicates a recent Bullish Reversal. There also is a Rising Buy Volume over the past 4 days with a Bullish Delta RSI 5 days ago, that is comfortably away from the Overbought condition. Next is the SMI-MFI Bullish KD% Crossover that was 6 days ago. Finally, there is my personal QQEMOD with a Bullish Momentum (-3D), Divergence(-8D), and a DMI Reading of a Weak Uptrend (-2D).
Market Sentiment: Bullish on Daily Charts, Bullish on Weekly Charts, and Strong Bullish on Monthly Charts!!!
Volatility Conditions: Wide Squeeze on Daily Charts, Normal Squeeze on Weekly Charts, but there is a Fired Squeeze on the Monthly Charts. This means that the price might overshoot to $190-195, if both the Squeezes on the Daily and Weekly charts are fired as well.
Gunning for an ascending triangle breakoutNYSE:PG has been on an uptrend for the past 1.5 years and although the larger trend may look distributive, the stock may gun for one more leg of upside as there is no strong selling pressure on 22 May when it corrected. In fact, after the 2nd selling at 168 resistance , the selling pressure became weaker and it forms a higher low, indicating strong buying pressure potentially.
Here's the plan, should the stock break out, I'm aiming to TP at 173.23 first as I think there might be a retracement thereafter. Afterwhich, I will allocate some position at 163.09 and 158.10 should there be any pullback.
The Procter & Gamble Company (P&G) | Chart & Forecast SummaryRight Here You Can See The Procter & Gamble Company (P&G) With The Symbol "P&G" Registered On The New York Stock Exchange. The Procter & Gamble Company (P&G) Is An American Multinational Consumer Goods Corporation Headquartered In Cincinnati, Ohio
The Following Chart & Forecast Summary On The Procter & Gamble Company (P&G) Has been Subject On
Key Indicators on A Trade Set Up in General Like A
1. A Push Set Up
2. A Range Set up
3. A Break & Retest Set Up
Overall Conclusion | Like The Trade Plan Execution & Risk Management On Demand It Tells Us
It Is A Neutral Bias For Now
PROCTER & GAMBLE Low risk buy opportunity on the Channel bottom.Procter and Gamble (PG) has been trading within a 10-month Channel Up (since December 15 2023) and on September 10 2024 priced the latest Higher High and got rejected. Even though it has broken below its 1D MA50 (blue trend-line), yesterday it tested and held the short-term Support 1 level, which is intact since August 14.
The 1D MA200 (orange trend-line) has been the absolute Support of this pattern, having formed just above it both the Higher Lows of July 30 and April 19. Yesterday's Low isn't as close to the 1D MA200 as those two but it is close enough to constitute a low risk buy for the medium-term, even though we might see a little more decline towards the Channel's bottom. Notice however the 1D RSI that made a clear rebound inside its 10-month Buy Zone.
As a result, we turn bullish on this stock and as with the last Higher High, we are again targeting the 1.5 Fibonacci extension level at 182.00.
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PROCTER & GAMBLE is bullish bouncing on the 1D MA50.Procter and Gamble (PG) closed yesterday on a 3-day red streak and the 1D candle almost touched the 1D MA50 (blue trend-line), the short-term Support, which is intact since August 14. The stock has been trading within a Channel Up pattern since the December 15 2023 Low, which is inside a wider Channel Up pattern since the 2022 market bottom.
The 1D MA50 is the first Support level of the 9-month Channel Up, with the 1D MA200 (orange trend-line) being the second (and last). The Higher Lows are priced below the 1D MA50 but currently we haven't completed most likely the Bullish Leg at hand.
Last April the price pulled back to the 0.382 Fib, which held and provided the final push to the -0.236 Fib extension for a Higher High. Currently the 1D MA50 test is also testing the 0.382. If it holds, we expect the stock to peak again near the -0.236 Fib extension. As long as it holds then, we remain bullish, targeting 182.00.
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Procter & Gamble Company (PG) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | Weekly Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
# Position & Risk Reward | Daily Time Frame
- Measurement on Session
* Retracement | 0.5 & 0.618
* Extension | 0.786 & 1
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Buy
PGPG stock looking bullish
Break a new high and I'm looking for a trade
Hope you like my idea
I'll be careful with this trade because the market is bearish !
When the market is bearish and some stocks are bullish it a good sign !
When the market start to rise i hope that the stock going up aggressively
3 Reasons Why Insider Selling Wont EndInsider selling is like a mole rat on a farm
they are hard if not impossible to
get rid of infact, some farming
experts say mole are good for the soil
fertility
i was watering a ground where a mole
had made a tunnel,
and i noticed that where the moles
had not drilled into the ground
the vegetables are not growing well
as compared to where the moles had
drilled underground tunnels
Its a very similar concept
when it comes to trading the
only difference here is that:
1-Insider selling gives you a map of what to do
2-Insider selling is public information
3-Insider selling helps you as a trader
In insider selling is good because it will
help you find the right trades
Watch this video again to learn more
about this
Also rocket boost this content to learn more.
Disclaimer:Trading is risky you will lose money
wether you like it or not
and so because of this please
learn risk management and
profit taking strategies
before you engage in trading.
The #1 Catalyst : 3 Reasons Why Insider Selling HappensAs I was from watching some videos online,
on my mobile phone device,
about the current economy we are facing
I later on turned my P.C. on and found this stock
which follows the rocket booster strategy.
So what is the rocket booster strategy?
1-The price has to be above the 50 MA
2-The price has to be above the 200 MA
3- The price should be in an uptrend.
Furthermore when I checked the
breaking news right here on trading view
I found the #1 catalyst for this stock
and it is called "Insider selling"
And so below is my research on
3 Reasons Why Insider Selling Happens:
Insider selling, where company executives
or other insiders sell shares of their company's
stock, can occur for various reasons.
Here are three common reasons:
-
1. Diversification of Investment Portfolio:
Insiders often have a significant portion of
their wealth tied up in their company's stock.
To reduce risk, they may sell some
shares to diversify their investment
portfolio and spread their wealth
across different assets.
-
2. Personal Financial Needs:
Insiders might sell
stock to meet personal financial
obligations,
such as buying a house, funding
education, or other large expenses.
The sale is not necessarily indicative of
negative sentiment toward the company.
-
3. Tax Planning:
Insiders may sell shares
as part of their tax planning strategy.
For instance, they might sell shares
to pay taxes on stock options or other
forms of compensation that have been
granted to them.
Timing the sale to coincide with a
lower tax rate can also be a reason.
-
These reasons do not necessarily imply
a lack of confidence in the company,
though they can sometimes
be perceived that way by the market.
-
WARNING!: Trading is risky and you
will lose money wether you like it or not
please learn risk management and
profit taking strategies
How Will This 3 Step System Work In Trading?Trading is a very hard a challenge
so most will tell you
but if you keep learning an
growing into this
you will eventually master the ins
and outs of trading
-
The key is not to fear any drawdown
by learning
risk management
once you learn how to trade then
you can take advantage of the market
moves.. worst-case scenario you
can start blogging about it
like myself, if you lack the capital to test.
either way, you need to know what
you are doing or talking about
in order to last inside this wild and crazy industry
If you have friends that are
doubting you as you
pursue your financial education
then you need to change your friends now!
Trust me you do not want to be
around negative people
as you try to learn this financial art form
Remember to watch this video again
to master the rocket booster strategy
trade safe.
Disclaimer:
Trading is risky you will lose money
Whether you like it or not
please learn risk management
and profit taking strategies.
PG long swing idea
The XLP continues to support the uptrend despite majority market conditions, and I like the largest holding of PG based on that.
My strategy is more comfortable with ITM options with time, so I'll be looking at the Sept 20th 160c personally (11.90 mid at time of writing), but the idea could support other options and/or spreads.
All levels are mapped out on the chart, including 3 different entry triggers based on comfort and risk level. At each Roll/TP, I will look to roll to the next strike ($5 distance between in the Sept chain) IF:
The credit is around 80% (~3.90 to 4.10 per con taken off the table)
The roll strike price would be a delta of at least high 70's (.80's preferred)
And we are still in the week of 8/12 to 8/16. <<I will aim to roll OUT to Oct cons prior to EOW
If the roll criteria is not met at a TP zone, I will instead trim my position. As each TP is reached and confirmed , I will move my stop loss up to the prior level
This trade could take 1-3 weeks to play out.
Stay safe and Happy Trading!
PG The Procter & Gamble Company Options Ahead of EarningsIf you haven`t bought PG before the previous earnings:
Now 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 165usd strike price Puts with
an expiration date of 2024-9-20,
for a premium of approximately $2.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
3 steps to follow in order to find a stock that will gap upInside this video, i share with you the rocket booster strategy which has
-
3 steps to follow in order to find a stock that will gap up
-
watch this video below to learn more about this strategy.
-
Use the tool i used to find this stock here
--
Disclaimer:Please learn risk management and profit taking strategies, you will lose money from trading whether you like it or not
PG Sets up for bullish reversalPG has been one of a few stocks in the S&P 500 to make double-digit percentage increase in 2024, and in doing so has stuck to a very clear trend pattern. It just recently finished with its most recent dip and is preparing to climb through August/September until it slows down once again.
The trend pattern on this stock has been quite clear and stable in the past two cycles and is currently bouncing off of the lower support line thats been tested four times since December 2024.
Price shocks to P&G like their upcoming earnings have historically had only a positive effect, even despite negative surprise on the their Revenue:
Fri 19 Apr '24
Earnings: 7.28% up
Revenue 1.17% down
Up 7% by the end of the week
Tue 23 Jan '24 NYSE:PG
Earnings: 0.143% up
Revenue 0.16% down
up 8% by end of the week
I Personally am entering with $165 calls expiring 8/9/24 @ $2.58 a piece. I will continue to update this as I approach exp.
NOT TRADING ADVICE JUST MY PERSONAL OPINION