The breakout of Procter & Gamble Co. through the support line of a Descending Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Procter & Gamble Co. to test 136.71 within the next 6 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing support twice in the past, Procter & Gamble Co. has finally broken through. Can we expect a bearish trend to follow?
