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terminaltraders
Feb 5, 2023 8:36 PM

Pep Setup for Long Call Long

PepsiCo, Inc.NASDAQ

Description

Pep 1H Setup for Long Call
1- Trend is bullish
2- price is currently on HL
3- Double Bottom can be observed
4- Call for Long
Entry: 170
SL:166
TP: 177 ( Can be trailed till 184)
RRR: 1:2 or 1:4
Comments
Puckyp
You think? Even with the dollar popping higher and stocks taking a beating?
terminaltraders
@Puckyp, Hay puckyp thanks for passing by my analysis, yes even if dollar is popping the stocks may go down a bit but eventually the stocks will recover and start their bullish run soon
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