11.12.2015 - Shares of Proctor & Gamble may continue to decline
Price of Proctor & Gamble continues to grow within the local ascending channel, but after reaching its upper limit and resistance at 78.50, started to correct downwards and may fall to 76.00 in the near future. Overcoming these levels will be the basis for opening short positions with potential for reducing to 70.00 and 67.65. On the other hand, fixing above 78.55, will be the basis for further growth to 82.00 and 85.00. We expect price correction in the near future.