Procter Gambles stock price (PG) fell in latest intraday trading, amid ongoing negative pressure due to trading below the 50-day SMA, with the stock hurt by piercing the main upward trend line in the medium term previously, and with negative signals from the Stochastic despite reaching oversold levels.
Therefore we expect more losses for the price, provided the support of $157.50 is reliably breached, targeting the next one at $153.50.
Todays price forecast: Bearish
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