PG has retraced back and giving 4 confluences to go long here: * Bouncing off the Weekly 50 SMA * Bouncing off the Daily 200 SMA * 0.618 fib retracement bounce * Bounce off of the ascending support line since 22'
The risk is weekly close under 50 SMA The profit targets would be 175 & 180
I am looking at the 180C for February to cover earnings, can also go with LEAPS for peace of mind