Inverse Head & Shoulder on PG.US
$Procter & Gamble(PG.US$
Inverse H&S formation and with some bullish Heiken ashi green candles and support at ard neckline $138-139 which is not broken down yet. Some buying volume in last 4 days together with MA20 cut above MA50 (look like short term bullish). Good to watch for Buy if interested in consumer stock.
Inverse H&S formation and with some bullish Heiken ashi green candles and support at ard neckline $138-139 which is not broken down yet. Some buying volume in last 4 days together with MA20 cut above MA50 (look like short term bullish). Good to watch for Buy if interested in consumer stock.
However earnings results is out this Friday 29th July. Still have to be wary of your position size if you want to trade.
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Been trading for abt a year. Rely more on technicals.
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