The Rectangle is just one piece of the puzzle. See the full technical breakdown.
Sideways movement between parallel supports.
Bearish continuation pattern.
Bearish continuation if preceding move was down.
Technical analysis of Procter & Gamble (PG) reveals a significant setup. Price has moved to $144.38 (0.56%) amidst recent volatility. Our AI has detected a valid Bearish Flag pattern. This setup is supported by average volume turnover. A potential breakout level is identified at $140.74, targeting $114.23 with support near $146.94 (R:R 4.28).
What is your outlook on PG?