Saturday, May 27, 2017

Intra-day Bounce Levels For Procter & Gamble

This morning, leading consumer goods manufacturer Procter & Gamble Company (NYSE:PG) is falling ahead of the possible tapering announcement by the Federal Reserve. The stock is trading lower by $1.22 to $78.61 a share. Short term day traders can watch for intra-day support around the $78.33, and $77.87 levels. Minor intra-day bounces are very likely around these levels. Some other leading consumer goods manufacturers that are declining today include Clorox Company (NYSE:CLX), and Kimberly-Clark Corporation (NYSE:KMB).

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