Prețul acțiunilor Procter & Gamble (P&G) pare optimist pe 9 noiembrie, în ciuda sentimentelor negative ale pieței 

• Procter & Gamble Corporation (PG) share price opened in green and the price seems to be higher by 0.75% in the live trading session.
• Price action reaches higher-highs after reversing from the $130 support level.
• In the November 8 letter, the P&G stock price noted a long-legged Doji candle on the daily price chart.

Caritate market weakness is mentioned in the November 9 letter. As a result, Wall Street’s major indexes managed to open pretty low on Wednesday as investors awaited the results of a hard-fought midterm election, hoping for a separated Congress that would make it more difficult to pass drastic changes in policy.

In Thursday’s live market session, the S&P 500, Dow Jones, and Nasdaq are all in the red. Despite this, the NYSE:PG stock is doing well today. P&G’s current price is $137.7, representing a 0.75% gain so far. Buyers are keeping an eye out for rising price trends.

Although the price structure is looking strong compared to other share prices and price action draws higher-highs after reversing from $130 support level. Bulls follow buying on dip strategies amid trading sessions. As a result, this price rally came out with a 12.7% gain in the past five weeks. Despite a bullish rally, NYSE: PG stock price fluctuated under a falling parallel channel. 

In terms of the daily price scale, Procter & Gamble corporation (PG) stock price stays above the red moving lines of the EMA ribbon indicator and bulls are aiming to hit the 200 EMA line. The $122 level has a key support for buyers, on the other hand, bears sit at the $150 level to dominate asset value. 

RSI found support at the semi-line and rebounded towards the overbought zone on daily price scale. In addition, MACD continuously expands higher. 

Concluzie 

After seeing today’s market behavior, the Procter & Gamble corporation (PG) stock price is performing well. In this bullish rally, buyers aim to overcome selling pressure by breaching this falling parallel channel. 

Nivel de suport - $ 7.0 și $ 5.5

Nivel de rezistenta - $ 8.0 și $ 10

Declinare a responsabilităţii 

Părerile și opiniile exprimate de autor sau de orice persoană numită în acest articol sunt doar pentru idei informative și nu stabilesc sfaturi financiare, de investiții sau de altă natură. Investiția în sau tranzacționarea activelor cripto implică un risc de pierdere financiară

Ultimele postări de Ritika Sharma (vezi toate)