Procter & Gamble may rise to 182.60 - 186.30

164.2 is our pivot point.

Our preference

The upside prevails as long as 164.2 is support.

Alternative scenario

Below 164.2, expect 157.8 and 154.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 168.5365 and 167.4336).

Supports and resistances

190.1 **

186.3 *

182.6 **

178.8

169.25 (USD-last)

166.5

164.2 **

157.8 *

154 **

Number of asterisks represents the strength of support and resistance levels.