Procter & Gamble Company (The)
Singkat
Telah dikemas kini

Break below $80 support brings more pain ahead

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P&G is showing weak relative strength in a weak sector (Consumer Staples) and just broke below a key $80 support level. This is likely to bring more pain ahead for this stock as it pulls back spending on weaker revenue growth. Use options to limit your risk such as Put Vertical debit spreads.
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Dagangan aktif
Retested $80 resistance level and bounced lower off it, suggests continuation lower.
Dagangan ditutup: sasaran tercapai
Target reached at $75 today. Look to take profits on this short.

Penafian

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