Skipper86

Pepsi Time Cycle

Long
NASDAQ:PEP   PepsiCo, Inc.
Price is oscillating in a cyclical manner within a sweeping channel. If it continues to do so, it will be at $193 by March 20th. Keyword: if. It might make sense to pick up a couple calls just in case, they’re fairly cheap. Also, entering long here with a stop outside the channel might make sense as well.

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