Showing posts with label Procter n Gamble (PG). Show all posts
Showing posts with label Procter n Gamble (PG). Show all posts

Monday, 10 September 2012

Procter n Gamble: Breakout from resistance

 Weekly chart shows the breakout from resistance at $67.80.


Daily chart shows the breakout from resistance with heavy volume.

Outcome:
10 Sep: Opened LONG at $68.26
29 Jan: Closed at $75.18
Note: Collected after-tax divided of $0.38905 per share in Nov 2012 (declared in Oct 2012); and $0.38905 per share in Feb 2013 (declared in Jan 2013).
Reason for closing: Price of PG had reached the all-time historical high of $75.18 from Dec 2007.
Profit $7.30905, 11.3%