PROCTER & GAMBLE CO
(PG-NYSE):
Technical Viewpoint: From a low
of $67.00 on Sep 21, 2001 prices
rallied, reaching a
high of $74.14
on Oct 10, 2001. A
decline saw prices pull back, reaching a
low of
$69.73 on Oct 17, 2001.
Another rally saw prices penetrate
resistance, closing 10/30/01
at $74.20. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 30, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $71.00. Resistance: Is at $75.02.
Point & Figure: Reversed to the upside on Oct 30, 2001. A P&F upside
reversal takes place at $72.50. Summary: Technical indicators have turned bullish. BUY! PROCTER & GAMBLE CO
(PG-NYSE) @ $74.38 Stop: Use a protective stop of $71.50.
PROCTER & GAMBLE CO is currently trading @ $74.20 plus $2.90 on Oct 30, 2001. Price Objective:
$88.00. Risk/Reward: $2.88 VS. $17.00. Today's Risk Reward Ratio: 16:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$88.00
Risk/Reward:
$2.88 VS. $17.00
Risk/Reward Ratio:
16:1
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