Today’s instrument is the Procter & Gamble Co., which is traded in the NYSE exchange under the ticker PG.
Looking at the PG’s chart, we can see that the stock is traded at around $129.80.
PG announced last night its quarterly earnings which were better than expected therefore today we should expect its price to test its resistance level at around $132 and if able to pass it then it could reach its next one at about $135.
(Click on image to enlarge)
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