Procter & Gamble Wave Analysis – 28 July, 2020

• Procter & Gamble rising inside impulse wave 3

• Likely to reach 128.00

Procter & Gamble recently reversed up from the pivotal support level 124.60 (former resistance level which stopped the two sharp upward corrections in March and April).

The upward reversal from the support level 124.60 continues the active short-term impulse wave 3 from the middle of May,

Procter & Gamble is likely to rise further toward the next resistance level 128.00 (former Double Top from February).