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Procter & Gamble price attacks pivotal resistance - Forecast today - 25-04-2024
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Procter & Gamble price attacks pivotal resistance - Forecast today - 25-04-2024
Apr 25, 2024 8:20 AM

Procter Gambles stock price (PG) rose in the intraday levels, tackling the pivotal resistance of $163.00, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, with positive pressure from the 50-day SMA, countered with negative signals from the RSI, which could hinder upcoming gains.

We still expect more gains for the stock, targeting the resistance of $169.00, provided the pivotal resistance of $163.00 is reliably breached.

Trend forecast: Bullish

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