Procter Gambles stock price (PG) inched down in the intraday levels, after the important resistance of $169.10 held on, with the stock collecting profits while gathering momentum to rise and pierce that resistance, amid positive support from trading above the 50-day SMA, and with the dominance of the main upward trend as it trades alongside the secondary short-term trend line, with positive signals from the RSI.

Therefore we expect the stock to return higher, targeting the resistance of $173.00, provided the previously mentioned resistance of $169.10 is reliably breached.

Trend forecast: Likely Bullish