PG Elliott Wave technical analysis
Details:
Procter & Gamble has found reliable support above the Medium Level at $150, indicating the beginning of a move higher. The current Elliott Wave analysis places the stock in wave (i) of {i}, with a likely advance toward the Minor Group 2 resistance, which begins at $165.
PG Elliott Wave technical analysis
Details:
In the short term, PG appears to be forming a bottom in wave iv. If this level holds, it would suggest the start of wave v of (i), potentially forming a bullish setup near the $165 mark. A decisive move above this level would strengthen the bullish case.
Overview
This technical assessment uses Elliott Wave principles to track Procter & Gamble’s momentum on both daily and hourly intervals. Analysts expect upward continuation, particularly if price action sustains above key resistance zones.
The Procter & Gamble Co. (PG) Elliott Wave technical analysis [Video]
Source: https://www.fxstreet.com/news/the-procter-gamble-co-pg-elliott-wave-technical-analysis-video-202505230930