Procter & Gamble Correction

06 July 2022 450
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After a protracted two-month decline for 19%, Procter & Gamble is correcting.

Fibonacci retracement level of 38.2% has already been passed, while Fibo 50% and 61.8% are expected.

DeMarker has not entered the overbought zone yet, so there is still room for the upside potential.

In addition, today is Wednesday, which is a great time for long positions.

This content is for informational purposes only and is not intended to be investing advice.

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