P&G Short Term: the upside prevails as long as 157.9 is support
Apr 27, 2024 05:34
P&G (PG.US)
-0.68-0.41%
the upside prevails as long as 157.9 is support.
157.9 is our pivot point.
Our preference: the upside prevails as long as 157.9 is support.
Alternative scenario: the downside breakout of 157.9 would call for 154.6 and 152.6.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 158.1115 and 159.5368).
Supports and resistances:
173.3 **
171.3 *
169.4 **
167.2
161.29 (USD-last)
159.2
157.9 **
154.6 *
152.6 **
Our preference: the upside prevails as long as 157.9 is support.
Alternative scenario: the downside breakout of 157.9 would call for 154.6 and 152.6.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 158.1115 and 159.5368).
Supports and resistances:
173.3 **
171.3 *
169.4 **
167.2
161.29 (USD-last)
159.2
157.9 **
154.6 *
152.6 **
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