PROCTER & GAMBLE CO
(PG-NYSE):
Technical Viewpoint: From a low
of $63.75 on Jul 3, 2001 prices
rallied, reaching a
high of $69.99
on Jul 17, 2001. A
decline saw prices pull back, reaching a
low of
$67.20 on Jul 23, 2001.
Another rally saw prices penetrate
resistance, closing 7/25/01
at $70.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 25, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $67.50. Resistance: Is at $72.26.
Point & Figure: Reversed to the upside on Jul 25, 2001. A P&F upside
reversal takes place at $68.50. Summary: Technical indicators have turned bullish. BUY! Procter & Gamble Co
(PG-NYSE) @ $70.12 Stop: Use a protective stop of $67.50.
Procter & Gamble Co is currently trading @ $70.00 plus $1.91 on Jul 25, 2001. Price Objective:
$92.00. Risk/Reward: $2.62 VS. $19.88. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$92.00
Risk/Reward:
$2.62 VS. $19.88
Risk/Reward Ratio:
7:1
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