“Yields Spike to 2007 Highs - Key Setups Revealed”
PG is under observation for a near-term breakout; if confirmed by closing above today's high, pullbacks to the trend line are buy targets.
The following chart is on the list, guys, put it on your watchlist. P&G, Procter & Gamble, has officially come under observation for a potential price breakout. A beautiful daily candle today, with a rise of 1.91%.
Notice this last week, as Tuesday, Wednesday and Thursday all tried to break above this descending trend line , but encountered resistance each time. We did see the price move above it , but the price eventually came back down to just below it.
We are now witnessing a breakout, so be careful tomorrow with P&G to see if we close above the high we reached today.