vf_investment

Pepsico breaking the pattern

Long
BATS:PEP   Pepsico, Inc.
Hi Traders! Pepsico's price has broken the down-sloping resistance today. We expect the price to rise to the resistance line from here.

The long position can be entered now because breakout is occurring. If the price comes back below the down-sloping resistance line the trade would be invalidated.




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