PROCTER & GAMBLE CO
(PG-NYSE):
Technical Viewpoint: From a low
of $84.56 on Jul 2, 1999 prices
rallied, reaching a
high of $92.06
on Jul 15, 1999. A
decline saw prices pull back, reaching a
low of
$86 1/8 on Jul 28, 1999.
Another rally saw prices penetrate
resistance, closing 8/3/99
at $93.81. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 30, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $88 1/2. Resistance: Is at $91 5/8.
Point & Figure: Reversed to the upside on Jul 30, 1999. A P&F upside
reversal takes place at $90.00. Summary: Technical indicators have turned bullish. BUY! PROCTER & GAMBLE CO
(PG-NYSE) @ $94 3/8 Stop: Use a protective stop of $91 5/8.
PROCTER & GAMBLE CO is currently trading @ $93.81 plus $3.68 on Aug 3, 1999. Price Objective:
$123 1/2. Risk/Reward: $2 3/4 VS. $29 1/8. Today's Risk Reward Ratio: 10:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$123 1/2
Risk/Reward:
$2 3/4 VS. $29 1/8
Risk/Reward Ratio:
10:1
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