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TradeWithParas

PG potential Buy setup

Largo
Procter & Gamble Company (The) (BATS:PG)  
TradeWithParas  
BATS:PG   Procter & Gamble Company (The)
Support and Resistance Trend Lines Triangle PG procterandgamble nyse stockpicks
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supportandresistance trendline triangle pg procterandgamble nyse stockpicks
Reasons for bullish bias:
- Ascending triangle breakout on weekly
- Bounce from strong support that was previous long-time weekly resistance
- Positive Earnings
- Buy Stop order at HH breakout for further confirmation
- DOW theory Alignment

Here are the recommended trading levels:
Entry Level(Buy Stop): 162.19
Stop Loss Level: 152.98
Take Profit Level 1: 171.4
Take Profit Level 2: Open
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