Articles tagged with PG
Reversing Candles Offer Short-Term Support
I consider reversing candles IF they occur after a lengthy trend. And if a key price support/resistance level is tested simultaneously, all the better! There were plenty of reversing candles on Thursday as U.S. equities were very weak in early morning trading, but came to life in the afternoon session. Procter & Gamble (PG) is a defensive stock that had finished lower for 9 consecutive trading days:...keep reading