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VasilyTrader
Jun 12, 2020 2:53 PM
PEPSICO (PEP) Important Structure Breakout
Short
NASDAQ:PEP
1D
PepsiCo, Inc.
NASDAQ
Description
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Jun 12, 2020 2:53 PM
PEP broke below horizontal daily support.
now the market retesting the broken level and for us, it is a perfect opportunity to catch a bearish movement.
target level: 124.5
Trend Analysis
Chart Patterns
Wave Analysis
Stocks
nasdaq
S&P 500 (SPX500)
indexes
US30
DOW
fundamental-analysis
Comments
john_markwah
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Jun 13, 2020 7:56 AM
good idea
VasilyTrader
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Jun 13, 2020 1:55 PM
@john_markwah
, thank you bro!
DemoDiaryFX_Trading
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Jun 12, 2020 3:04 PM
thank you for this idea! I don't like the fact we came into 129-130 support in one bearish push though, with no build up before breaking the support (looking overextended on h1)
But as for now it works very well i must say :))
VasilyTrader
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Jun 12, 2020 10:44 PM
@dima_yevtushenko, you are welcome my friend!
VasilyTrader
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Jun 12, 2020 2:54 PM
Are you also bearish on PEP?
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