Procter & Gamble Company (The)

$NYSE:PG Setting up again

161
After this bull flag breakout idea:
$PG, sleeper stock


PG has retraced back and giving 4 confluences to go long here:
* Bouncing off the Weekly 50 SMA
* Bouncing off the Daily 200 SMA
* 0.618 fib retracement bounce
* Bounce off of the ascending support line since 22'

The risk is weekly close under 50 SMA
The profit targets would be 175 & 180

I am looking at the 180C for February to cover earnings, can also go with LEAPS for peace of mind

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