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PROCTER & GAMBLE CO
(PG-NYSE):
Technical Viewpoint: From a low
of $77.26 on Jan 30, 2002 prices
rallied, reaching a
high of $84.22
on Feb 4, 2002. A
decline saw prices pull back, reaching a
low of
$80.75 on Feb 8, 2002.
Another rally saw prices penetrate
resistance, closing 2/12/02
at $83.55. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 31, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $81.00. Resistance: Is at $84.00.
Point & Figure: Reversed to the upside on Feb 12, 2002. A P&F upside
reversal takes place at $81.00. Summary: Technical indicators have turned bullish. BUY! Procter & Gamble Co
(PG-NYSE) @ $83.88 Stop: Use a protective stop of $81.13.
Procter & Gamble Co is currently trading @ $83.55 plus $1.84 on Feb 12, 2002. Price Objective:
$108.00. Risk/Reward: $2.75 VS. $24.13. Today's Risk Reward Ratio: 9:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$108.00
Risk/Reward:
$2.75 VS. $24.13
Risk/Reward Ratio:
9:1
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