PG is expected to report an EPS of $1.32 on revenue of $19.97bn.

PG’s stock is currently trading at around $154.28 a share. The trend has been bullish since October of last year now, and we can see that higher highs (green ovals) and higher lows (white ovals) have been the indicator for the continuation. Looking at the upside, the price tried to break through resistance of $154.51 yesterday but now has retraced. A close above $154.51 could see a move higher towards the cluster of $155-$157, which might be assisted by a positive earnings report. Support below sits at $151.61 then at $149.55 and then at $148. A dip below $148 may lead to a further pullback towards the trendline support, which at present is the key support of this trend. Both of the technical indicators are suggesting positive momentum, with the MACD comfortably in the green and the RSI reading 67.