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Procter & Gamble Co T.PG


Primary Symbol: PG Alternate Symbol(s):  N.PG

The Procter & Gamble Company is focused on providing branded consumer packaged goods to consumers across the world. The Company’s segments include Beauty, Grooming, Health Care, Fabric & Home Care and Baby, Feminine & Family Care. The Company’s products are sold in approximately 180 countries and territories primarily through mass merchandisers, e-commerce, including social commerce channels, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, specialty beauty stores, including airport duty-free stores), high-frequency stores, pharmacies, electronics stores and professional channels. It also sells direct to individual consumers. It has operations in approximately 70 countries. It offers products under brands, such as Head & Shoulders, Herbal Essences, Pantene, Rejoice, Olay, Old Spice, Safeguard, Secret, SK-II, Braun, Gillette, Venus, Crest, Oral-B, Ariel, Downy, Gain, Tide, Always, Always Discreet, Tampax, Bounty and others.


NYSE:PG - Post by User

Bullboard Posts
Post by flayeron Nov 27, 2012 2:54pm
211 Views
Post# 20650786

Price support / positive divergence........

Price support / positive divergence........

There is some price support on the chart here at $4.50.

 

Interesting: the 3,10,16 MACD (and MACD Histogram) shows a nice positive divergence with a series of higher readings diverging with the lower low of $4.48 - see chart below. (A positive divergence occurs when price makes a lower low on the chart, but the oscillator makes a higher low). The divergence is more neutral on the RSI.

 

 

Beyond $4.50, a downtrend line that goes back to late Sep shows lower support at $4.30ish......beyond that $4.00. Place yer bets..........in this increasingly illiquid / heavily manipulated market, anything can happen. Holding a basket of stocks is key imo (i.e. my LYD and BSX are holding up reasonable well - AEM is leading the Sr sector).

 

 

Bullboard Posts