VasilyTrader

PROCTER & GAMBLE (PG) May Keep Growing

Long
NYSE:PG   Procter & Gamble Company (The)

PG showed a positive reaction to a 116.0 daily/4h structure support.
the price formed a double bottom with higher low on 1H and yesterday it broke above a minor horizontal resistance.

it looks like the stock will keep growing.
the best strategy for us is to wait for a retest of the broken resistance to buy.

initial goal - 119.0

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