Trading idea for Procter & Gamble Co (NYSE)

#PG

The overall trend is upward. The bears are facing a price pivot zone of 127.40, which continues to hold back their onslaught. A pin bar has formed on the daily timeframe D1. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy on the breakout of 127.94.

Stop Loss under 126.57.

Target levels: 130.10; 134.80; 141.00.