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Trader-Dan

PEPSICO - Channel

Long
PepsiCo, Inc. (NASDAQ:PEP)  
Trader-Dan  
NASDAQ:PEP   PepsiCo, Inc.
Support and Resistance Pivot Points
3
2
supportandresistance pivotpoints
PEPSI released earnings today and announced a 10% increase in its dividend. The stock is trading within a large rising channel.

The MACD is turning up and a swing to the top of the range is possible here.

Bulls are in control while we trade above $166 (Daily close)
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