$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