Procter & Gamble ST : rebound towards 164.29

Our pivot point is at 148.94.

Our preference: rebound towards 164.29

Alternative scenario: below 148.94, expect 144.99 and 142.64.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 156.99 and 160.69).

Supports and resistances:

169.15 **

166.72 *

164.29 **

161.86

152.88 USD - last

150.50

148.94 **