MARKETKNOWS

$PEP. Uptrend channel. New high before earnings.

Long
NASDAQ:PEP   PepsiCo, Inc.
Looks like the stock price is not going to lower than $131 -$130 per share before earnings.

I'm sure $PEP will show the new high within one month.

Time Frame: 4H

Enter ~ $131 - $130

Support ~ $115

Resistance ~ $135

TP: When the uptrend will end or when the share price is trading above the upper bound of the channel.

I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Good Luck.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.