Procter & Gamble Co., (PG Stock) announces slightly better-than-expected quarterly earnings

Today’s instrument is the Procter & Gamble Co., which is traded in NYSE exchange under the ticker PG.

Looking at the PG’s chart, we can see that the stock was lastly traded at around $142.50.

Yesterday, PG announced slightly better than expected quarterly earnings, and today we should expect a rise of the price towards its soft resistance level at around $146 and if it will be able to break through it then it could approach its next resistance level at around $150-152. 

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