May. 30 at 5:28 PM
$PG $WMT $RTH One of the trades we were considering from our coverage last week on PG.
Coming out hot.
"Entry: Breakout entry above
$167 or possible backtest with defined risk against moving average cluster
Stop: Close below
$150 invalidates current structure
Target:
$199 based on Fib extensions from 2022 highs/lows
Tactical Note: First shakeout was bought on volume; second wasn’t. Institutions have likely been reloading at lower volatility."