Buy the Dip in Procter & Gamble Stock? First Check the Chart.

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The Street

By Bret Kenwell P&G shares initially fell after the consumer-products stalwart reported earnings. Now the bulls are trying to bid it higher. Here’s how to trade it now. Shares of Procter & Gamble (PG) – Get Free Report at last check were down about 1% in a declining stock market. At one point, P&G shares were down 2.5%. Now it’s down about the same amount as the S&P 500. Investors obviously were hoping for a better post-earnings-report response in P&G, but at least the stock is finding some buyers after a down open. The company reported roughly in-line earnings results and a slight sales beat …

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