paulyberndt
Short

PEP Short Weekly

NYSE:PEP   PEPSICO INC
Pepsi had a volatile week after earnings and there
was heavy selling on Friday. They missed on revenue
from the streets estimate. Pepsi is impacted by volatility in the
Emerging markets and currency valuations. The Awesome
Oscillator now is showing a clear saucer sell with price well
below the Alley-gator, blue line. I expect an increase of selling pressure
long term.not to mention a double top on the weekly
KO missed earnings this morning by 1.87 billion citing macroeconomics challenges. This should spill over into PEP
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