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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 $87.85
on Feb 25, 2002. A
decline saw prices pull back, reaching a
low of
$82.63 on Mar 11, 2002.
Another rally saw prices penetrate
resistance, closing 3/15/02
at $87.07. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 16, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $84.00. Resistance: Is at $87.37.
Point & Figure: Reversed to the upside on Mar 13, 2002. A P&F upside
reversal takes place at $84.75. Summary: Technical indicators have turned bullish. BUY! PROCTER & GAMBLE CO
(PG-NYSE) @ $87.13 Stop: Use a protective stop of $84.63.
PROCTER & GAMBLE CO is currently trading @ $87.07 plus $2.08 on Mar 15, 2002. Price Objective:
$105.75. Risk/Reward: $2.50 VS. $18.63. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$105.75
Risk/Reward:
$2.50 VS. $18.63
Risk/Reward Ratio:
7:1
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