Stock Of The Day: Is Oversold Procter & Gamble Set For A Bounce?

Shares of The Procter & Gamble Company PG are trading higher Tuesday. This could be the beginning of a new uptrend.The stock is currently at support and oversold, which historically signals the potential for a rally. That’s why our team of experts has chosen it as our Stock of the Day.As you can see on the chart, $159.20 has been support for Proctor and Gamble. When the stock dropped to this level in late July a rally followed. The same thing happened at the end of November. Now it has reached this level ag ...