empty
 
 
11.10.2021 05:25 PM
PG stock price bounces higher.

The horizontal support level and our pull back target around $138 has been respected so far and price action provides us with bullish signal. The price behavior of the last few sessions suggests that a new upward move has started.

This image is no longer relevant

Blue lines- bearish divergence

Red line- horizontal support

The bearish divergence signal provided us with a warning for the coming pull back. Our target has been achieved. Price is bouncing off the red horizontal support. Price has resistance at $143.55 and if we see bulls push above this level, then we should expect PG stock price to climb even higher and why not to new higher highs. Rejection at $143.55 should be taken under serious consideration as this could be the start of the formation of a lower high. For now as long as price is above the horizontal support, we remain bullish.

Ringkasan
Segera
Analitic
Alexandros Yfantis
Mulakan perdagangan
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $6000 lebih lagi!
    Dalam Diseember kami membuat cabutan bertuah $6000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget