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Procter & Gamble Trading Analysis (26/09/2024)

26.09.2024

Market Review

The trend is ascending. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trading idea:

  • Buy when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of the descending truncated structure.
  • Stop-loss at 172.20.
  • Price targets at 174.50 and 177.00.

#pg #proctergamble #stock #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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