Stock closed above key consolidation level at 143.77 on Friday. Stock tried to break through this level 3 times before finally breaking through and closing above for confirmation on Friday. We will see 147.2 shortly for an ATH kiss, and if momentum is strong enough, it could blow right through. Solid rally all together for the market on Friday afternoon helped...
Been awhile since I’ve posted about PEP - Gap through consolidation to start the week off. Then the stock tagged the 143.77 resistance created in March and September, and is continuing to hold in the 140’s above the 9 day ichimoku average line, indicating a positive continued trend. Looking to close out weeklies around 147 resistance from pre-Covid timeframe....
Bullish continuation for Pepsi Did you know Pepsico owns Doritos? . I didn't..
I beleive PEP is a spy before earnings. I initiiated a position last week and provided my trade pla on the chart. I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they...
Hello traders, Description of the analysis: PEPSICO ( PEP ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM...
This has been on my watchlist for more than a month now. Finally broke out of its trading range and target is ATH of $147
Stock finally broke out of the weekly consolidation between 127 and 138.7 and is currently back resting the breakout. The stock price found support at the top of the consolidation. Let’s see if we can continue this breakout moving forward. Blue target first, green second, red third. Stock may go through a target easily, but be prepared to trim and take profit as...
Pattern names always make me laugh. I had a conversation with a friend that asked why I bought a stock that did well last week. A part of me wanted to give an interesting answer because that's really what he was looking for. People always want to be sold on a fascinating idea and outwit everyone else. I explained that I didn't really know the fundamentals of...
-Chart has not changed since I drew a couple weeks ago and continues to perform as expected -Closed right at the bottom a huge volume shelf -Break of 43.20ish would bring a measure down of about 5 points to the $38 price level **RSI is still declining but is still below 50 and on watch if it continues dramatic move to oversold territory. **Still strong volume...
Backtest completed - will be looking to add calls depending on market outlook. Blue line was first target, we will need to reclaim that and shoot for red line as second target. Good luck!!
I am looking to go long on $PEP once above the key level pivot. My first target will be @ 1 fib level. Will hold for continuation to 1.618 fib level
In an ascending channel If nothing wild happens in the market and stability remains this seems to be a good buy Price may dump when fib transition occurs but im betting that the ascending channel will prop price up Doesn't allign in my mind this sort of growth with the current state of economy, ill take it though.
PEP beat earnings today. Looks like a bull flag has been in the works or it's just in the channel. Would buy after it holds above 36. 140c is what I am going for. Tried today but again, covid scare sent everything into the shitter.
Earnings beat this morning. First target reached. Added green additional resistance before second red line target in near future. Broke out of 2-3 month consolidation. Look for the 4hr and day time frames to hold the channel breakout as well. Good luck to all!!
Channel breakout in progress. Will need a second candle to confirm but this is a good step. First target blue line, second target red line. Trim where necessary to reduce risk. Good luck!!
Hey everyone, If you enjoyed this analysis leave a thumbs up or comment your thoughts below! On the chart we can see PEP has been putting in lower lows and the rsi is putting in higher lows showing a bullish divergence, along with this were seeing it currently sitting in a bull flag just waiting to break out. On top of that I personally believe Pepsi will have a...