The Procter & Gamble Company ( $PG ) – stock is trading over 100 dollars and offering a possible buying price between $118.24 – $124.15. Let’s look at the stocks technical actions using a weekly chart.
2. The stock breakout on a solid volume back in January.
3. Even since the breakout, the stock had slow, but steady run and posted rock solid gains.
4. The stock also witnessed few reset weeks, as it lost ground, but recouped it in the following week.
5. The stock also found support at the 50 day moving average all along.
6. The stock is offering possible buying price between $118.24 – $124.15, with a stop loss at $108.78
