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MARKETKNOWS
Jun 14, 2019 4:15 PM

$PEP. Uptrend channel. New high before earnings. Long

PepsiCo, Inc.NASDAQ

Description

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.
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