trad3r74

PG looks overbought and currently at resistance

NYSE:PG   Procter & Gamble Company (The)
PG has been on the nice ride since May 2018. It is currently on a raising wedge pattern and looks overbought, which correspond to the resistance area. It will likely to pullback anytime soon, possibly to somewhere between $84 and $85 which is the support area after a gap up. However, it is safer to wait until the next trading day to confirm my prediction.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.