Procter and Gamble Trend May Be Changing as Price Just Breached Below Its 200 Day Moving Average

2 mins read

The Daily View for Procter and Gamble At the moment, PG’s price is up $0.3 (0.23%) from the day prior. This is a reversal of the price action on the previous day, in which price moved up. If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 day timeframes. Price action traders may also wish to note that we see a pin bar candlestick pattern on Procter and Gamble. Given that we see an uptrend on the 20 and 10 daily candle timeframe,…

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