PG slow and steady long term winner with earnings coming LONG
PG on the weekly chart gained 15% in a year and had a dip in the past two weeks with earnings
at the end of this week. PG persistently and consistently beats earnings estimates and pays a
dividend. Moreover, it consistently has a bit of a surge after earnings. I see this as an
opportunity to get a good stock on a 4% dip of a discount and hold it through earnings for
perhaps a 10% profit in two weeks while also picking up the quarterly dividend. Some traders
including those institutionally based believe that buying near to the middle line of the Bollinger
Bands is a good entry for getting fair value. I am one of them.
at the end of this week. PG persistently and consistently beats earnings estimates and pays a
dividend. Moreover, it consistently has a bit of a surge after earnings. I see this as an
opportunity to get a good stock on a 4% dip of a discount and hold it through earnings for
perhaps a 10% profit in two weeks while also picking up the quarterly dividend. Some traders
including those institutionally based believe that buying near to the middle line of the Bollinger
Bands is a good entry for getting fair value. I am one of them.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.