Intraday Technical Analysis Of Procter & Gamble Company
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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 was lastly traded at around $142.50.
Yesterday, PG announced slightly better-than-expected quarterly earnings, and today we should expect a rise of the price towards its soft resistance level at around $146 if it will be able to break through it then it could approach its next resistance level at around $150-152.
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