Business Chart of the Day: Is Procter & Gamble About to Rally?

Business Chart of the Day: Is Procter & Gamble About to Rally?
Tide, a laundry detergent owned by the Procter & Gamble company, is seen on a store shelf in Miami, Fla., on Oct. 20, 2020. Joe Raedle/Getty Images
|Updated:

Shares of Procter & Gamble Company have dropped to a level that has been support before. This means they may be about to rally.

There was support around $138.50 in early October. When shares fell to this level, they reversed course and moved higher.