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Procter & Gamble Co. – breach of price line thats been previously tested numerous times before

Procter & Gamble Co. has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 9 days and suggests a possible target level to be around 160.43 within the next 6 hours.

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