18.08.2014 - Procter & Gamble will likely continue to rise
The stock price of Procter&Gamble has broken through the upper boundary of the triangle and is trying to gain a foothold above the nearest local maximum at about 81.80 that will confirm a signal to buy. In case of a fall, the quotes can decline to 77.80 and 75.50. Target levels are the levels of 85.70 and 90.00. Stop should be set below 78.00. We expect the growth of quotations in the medium term.