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PROCTER & GAMBLE CO
(PG-NYSE):
Technical Viewpoint: From a low
of $70.51 on Oct 25, 2001 prices
rallied, reaching a
high of $79.00
on Nov 19, 2001. A
decline saw prices pull back, reaching a
low of
$74.76 on Dec 7, 2001.
Another rally saw prices penetrate
resistance, closing 12/13/01
at $80.90. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 31, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $77.00. Resistance: Is at $96.25.
Point & Figure: Reversed to the upside on Dec 12, 2001. A P&F upside
reversal takes place at $78.75. Summary: Technical indicators have turned bullish. BUY! PROCTER & GAMBLE CO
(PG-NYSE) @ $81.25 Stop: Use a protective stop of $78.50.
PROCTER & GAMBLE CO is currently trading @ $80.90 plus $0.95 on Dec 13, 2001. Price Objective:
$90.00. Risk/Reward: $2.75 VS. $8.75. Today's Risk Reward Ratio: 3:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$90.00
Risk/Reward:
$2.75 VS. $8.75
Risk/Reward Ratio:
3:1
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