Procter and Gamble Bullish?With strong Fundamentals, and Low P/B ratio. Technicals showing upside. But witg failed breakout. Will it give 10% to the upside?
Procter_and_gamble
Procter & Gamble India ShortThe stock seems to be flashing 3 sell signals:
-> A topping pattern
-> Break below 200 DMA
-> Break of trendline from 2020 lows
Typical target based on this pattern would be around 12350, which also seems to be very close to the important wave 4 price extreme around 12130
Procter & Gamble Breakout & RetestNSE:PGHH PGHH had given a weekly breakout with strong volume and stock has been making small red candles since then.Retesting candles are being formed with little volume.
Stock can go towards 15000+ in near term.
