PG - Bullish TrendPG stock is in an upward trend, making Higher Highs and Higher Lows on 4H timeframe
PRG trade ideas
PG short positionHi traders,
let's take a look at the PG chart.
The price has been traded in the range.
We are expecting the price to bounce until it reaches the resistance line.
After it reaches the resistance, we can take short position.
Entry, target and the stop loss are shown on the chart.
What do you think?
PG Growth Spurt: Buy Your Ticket to Profit!"## NYSE: PG - Procter & Gamble Company (The)
**Short Fundamentals:**
* **Market Cap:** $377.4 Billion USD
* **Dividend Yield:** 2.39%
* **P/E Ratio:** 26.38
* **52 Week Range:** $136.10 - $159.83
* **Current Price:** $160.40 (as of February 21, 2024, 4:03 PM PST)
* **Industry:** Consumer Staples
* **Company Description:** Procter & Gamble provides branded consumer packaged goods across various segments like beauty, grooming, healthcare, fabric care, and baby care.
**Recent News:**
* **February 16, 2024:** Peter Lynch published a quantitative stock analysis on PG on Nasdaq.
* **February 15, 2024:** The Motley Fool article suggested considering PG as a passive income stock.
* **February 14, 2024:** Peter Lynch also published a Guru Fundamental Report for PG.
* **January 18, 2024:** PG paid its latest dividend.
**Disclaimer:**
* I am not a financial advisor and this information should not be considered financial advice.
* Past performance is not indicative of future results.
* Investing involves risk, and you could lose money.
* Please do your own research before making any investment decisions.
PG @ $ 157This chart inside the video is an example of the rocket booster strategy:
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Step #1 - The price has to be above the 50 EMA
Step #2 - The 50 EMA should be above the 200 EMA
Step#3 - The 50 EMA should cross above the 200 EMA
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Rocket boost this content to learn more
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Disclaimer: You will lose money trading take this as a warning!! Do not buy or sell anything i recommend to you. Please Do your own research before you trade.
PG: aiming for the Nov 2023 highs?A price action above 148.00 supports a bullish trend direction.
Increase long exposure for a confirmed break above 152.00.
The target price is set at 154.00 (just below the 78.6% Fibonacci retracement level).
The stop-loss price is set at 147.00.
Almost testing its 200-day simple moving average, which might support the bullish price action.
Instant Buy on PG.Thank you as always for watching my analysis on $NYSE:PG.
May God bless you and your family this upcoming week.
Lamentations 3:21-22.
The case of "smelly ladies" advertisement !Read this latest news here
There have been many cases of western brands that seems to make the mistake of no common sense in their advertisement , only to offer apology hereafter. What is their motive ? I dunno, could it be a reverse psychology strategy to get more hits and views ? Maybe........
But importantly, it has no bearings on its share prices. In fact, it is trending up and I think it offers a good opportunity now to go LONG !
P&G: Possible Buy AreasAreas plotted to look out for, combined with daily and weekly moving averages to be used as S/R confluences.
Procter & Gamble CompanyWeekly chart with ichimoku
We can notice that we are in a row.
Level to watch: $143.90 monthly kinjun.
Make up your mind.
PG testing a tight band of AVWAPsIt will be important to note whether this cluster of anchored VWAPs and key moving averages becomes support or resistance for $NYSE:PG.
PG The Procter & Gamble Company Options Ahead of EarningsIf 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 release, I would sell at least half of them.
Looking forward to read your opinion about it.
PROCTER & GAMBLE This Bearish Cross is essentially a buy signalPG 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).
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P&G - Bearish pattern on Procter&Gamble chart? 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 like Coca-Cola to Warren Buffett to me. (Only I have a little less of it.)
For me, this seems like a good point for my long haul bags. If this pattern works, the price will reach the target zone by winter. If you have to choose between Procter & Gamble or Johnson & Johnson, P&G is clearly better in the long run.
Do not forget. These are my thoughts and observations about the market. And they do not constitute investment advice. Also, do your own research before entering a position.
Tell me what you think, and if you like my idea, share it with others.
Regards
In extreme cases, even $125 is possible, but I see very little chance of that at the moment.
M PatternEarnings 10-18 BMO.
Analysts appear positive on earnings. Analysts are known to be lagging indicators like moving averages.
Popped up today with a spinning top/a candle of indecision.
M pattern....this pattern started teetering at the .886 fib level but tails o candles did go below the .886, yet no candle bodies per say are below the .886.
The alternate bat hits the 1.113 which price has not hit the 1.113 as of yet.
Peak 2 is lower than peak 1 differentiating this from a shark pattern.
No recommendation
PROCTER & GAMBLE Great medium term investment.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 opportunity.
Trading Plan:
1. Buy when the MACD (1d) makes a Buy Cross.
Targets:
1. 158.00 (top of the Rectangle).
Tips:
1. Last rebound was made on a single bottom candle (May 31st) without any retest. Today's pull back seems more like January with multiple tests, indicating that the probability of one last low is a little higher.
Please like, follow and comment!!
PROCTER & GAMBLE The 1D MACD gives the buy signal.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 reached $158.
The price is currently on a 2-month selling sequence after the August 10 rejection on Resistance 1 (158.45) and is approaching the bottom of the Channel Up. The horizontal Support (1) is at 142.00 and the 1W MA200 (red trend-line) marginally above 140.00 and rising. Technically Support 1 is the true Support level but under this pressure we can't rule out a 1W MA200 test to gather long-term buyers.
In any case, since almost 18 months, the buy signal with the lowest risk has been given when the 1D MACD forms a Bullish Cross. That is the buy entry confirmation for investors. Until then, the price can keep declining surrounded by negative fundamental market conditions. Take advantage of the MACD to get the most optimal position and target 158.45 (Resistance 1).
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Procter&Gamble to turnaround at previous swing low?Procter and Gamble Co - 30d expiry - We look to Buy at 142.52 (stop at 138.52)
The primary trend remains bullish.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
The previous swing low is located at 141.90.
141.90 has been pivotal.
Preferred trade is to buy on dips.
This stock has seen good sales growth.
Our profit targets will be 152.52 and 154.52
Resistance: 146.50 / 148.00 / 150.00
Support: 143.90 / 141.90 / 140.00
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A Short Bounce Before a Long DivePG formed a rising wedge. After a double top formation when also RSI divergence came in (yellow line on RSI chart), PG's downtrend began.
PG has broken out of lower trend line of the rising wedge, which will now act as resistance.
PG has gone down for six straight days. During downtrend, stocks usually fall for an average of five straight days. There is a region of consolidation around 145-46 region (green rectangle). PG may, therefore, bounce from this region. However, it will resistance at 151-152 from the lower trend line of the rising wedge and the resistance consolidation zone (red rectangle).
After hitting 151-152, PG should come down again.
PG has gone below 200 SMA.
PG longI am bullish on Procter and Gamble. it entered to strong bullish zone and can bounce up from here.
PG bearish divergences formingPG has been in an uptrend , but we can observe the bearish divergences developing.
If they play out, we will see a breakdown of the rising wedge.
Once it happens, the short position can be taken.
Enter short ONLY if the successful breakdown occurs.
If it doesn't happen , the uptrend will continue.
Approx. Target for shorts is shown on the chart , but keep in mind that everything depends on the breakdown point.
Do you agree?
Good luck
PG - POTENTIAL TREND REVERSALU.S. appeals court judges questioned a 2.5-year pause in a shareholder lawsuit against PG&E Corp officers and directors. The lawsuit concerns statements about the utility's wildfire prevention. A pension fund sued 44 corporate leaders in 2018. The case was paused until the end of PG&E's bankruptcy, but judges now question the need for this delay. Shareholders claim billions in damages, and insurance funds have decreased. PG&E's financials improved in Q2 2023, but the lawsuit's fate remains uncertain.
Looks like the best time for trend reversal.
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Potential double top in P&GConsumer staples are the second worst-performing major sector this year. (They lag only Utilities, according to TradeStation data.) Today we’re considering a potentially bearish pattern in one of the big names in the space: Procter & Gamble.
PG briefly traded above $158 in April without staying there. The same thing happened again last month. The result could be a double-top reversal pattern.
The stock next dove toward $152 and retraced half its drop toward $155. It then hit resistance at its low from August 4. That kind of price action may suggest sellers are taking charge.
Third, consider the series of higher lows since early June. PG is threatening to break that rising trendline and its 50-day simple moving average. Is that a sign of weakness over the intermediate term?
Finally, MACD has been falling since mid-August.
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