Procter & Gamble Stock Code PG.NYS
Outlook
Price broke and closed above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion and Base lines had a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is bullish with both lines above the zero line. We think price is likely to move higher to the previous price high at $153.62 in the next 2-3 weeks.
Strategy
$146.00 Buy
$153.60 Price Target
$142.60 Risk Management Stop
3 weeks Trade Duration
