Im liking the fact i can draw a downtrend line from the high of 10c mid 2016 to the recent spike up to mid 4s late last year. Continue that line down and the recent rise of 2c would appear to be a breakout through that downtrend line. Current level seems to be a test of the downtrend line for support? Maybe the 2 year downtrend has finally turned?? Hopefully worst case is sideways movement until next 4c with any material announcement helping us back to midway between 10c and 2c for a 50% retrace. Heres hoping anyway.
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- Procter & Gamble (PG) Q4 2018 Results - Earnings Call
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Procter & Gamble (PG) Q4 2018 Results - Earnings Call, page-8
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