AI
Tuesday, January 23, 2018 3:29:46 PM
Procter & Gamble Co (NYSE:PG) fell sharply after reporting earnings that missed expectations. The company said their growth was only 2%, which in this market and economy is poor. Investors sold the stock, knocking it down over 3% on the day. Assuming this market stays strong, a major buy level will be at $86.50, based on connecting the recent lows on the stock using a trend line. Note the chart below. This will be a major swing trade bounce opportunity for investors.
Gareth Soloway
InTheMoneyStocks
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