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,...
Steady climbing, to be maintained till it breaks the channel
Nice upward channel in Pepsico, looking to sell puts for entry at the lower bound.
NASDAQ:PEP Pepsico, INC Stock - NASDAQ (USA) Expanding or Reverse Symmetrical Triangle (Short Signal) Profit:Risk = 2:1 --- Sell Stop (Sell) = $126.18 Take Profit = $123.72 Stop Loss = $127.39 ------ Take Profit = +1.94% Stop Loss = -0.97%
Pepsico is looking to go higher, but I'm wondering for how long? The answer is: within a week this stock should start to move... down. Sidenote: "Top-notch entries are exclusive to members of Cream Live Trading" Learn how to beat the market as Professional Trader with an ex-insider! Have a Nice Trading Week! Cream Live Trading, Best Regards!
The price is over the 30MM. The risk/reward is 0.36, and a think the price will bounce (2.81% vs. 7.81%) and break de the resistant. The slope of 30MM is positive. I think it is in phase 2.
PEP announces earnings on Tuesday before market open; COST, on Thursday, after. Neither presents a particularly compelling earnings announcement-related volatility contraction play, with PEP's rank/30-day implied coming in at 30/18, and COST's at 35/23. With Brazilian elections taking place a week from today (October 7th), it seems to me that an EWZ play is in...
$PEP Pepsi looking over-extended meeting resistance around $116.50 today, with what looks like a nice reversal candle forming. Expecting a price correction in the very near term to the $110-$112.50 area. A couple gaps left open below to possibly fill. I could see it going as low as $108 with this pull back, but that may depend on overall market conditions....
Pepsi has been on a tear recently. After a major sell-off from a $122 high to a $94 bottom, PEP has made an incredible 18% recovery. Today, July 10th, the breakout volume on the open was incredibly strong. With the daily RSI is getting close to oversold conditions, I could see PEP short-term price recovering to previous support level around the $109 level,...
We were watching PEP a few days ago when we had a bear div on the daily during a weekly downtrend. Didn't take a short at the bear div because was concerned about R:R and where to take a short. At yesterday's daily close, the pot sweetened for a PEP short as we moved up without invalidating the bear div and closed with a long upward wick (but green). There's...
Even though I don't use this kind of analysis, was formed a "Cup and Handle" on the PEPSICO chart. Last Friday there was the breakout that occurred with not high volume (below the 10-days moving average). Personally, I would wait for a pullback before opening a long position on PEP.
Here is a bullish swing trade that I may take if PEP moves over the next several days as I would like it to. What I see on the daily chart is a double bottom followed by a breakout of the double bottom neckline and now the price has pulled back to re-test the neckline. What I want PEP to do over the next few days is to form an S-Curve like the blue line I have...
Pepsi may pull back but I don't think it will turn bearish. It would have to break through all the moving averages.
PEP the famous PEPSI is definitely getting benefit from the equity market and the correlation with KO so this time is a very similar scenario for both companies. Anyway target is just up to $122.22. However considering I'm not a real sugar lover, neither of Pepsi, I prefer Coca-Cola. Have a Good Trading Week Cream Live Trading, Best Regards!
The stock has completed a short-term head and shoulders pattern. The price is consolidating and preparing for the next move. It has also broken a support level with high bearish volume and it's going to retest the 110.60 level. If/When the price is gonna swing, the minimum bullish target is around 118. The informations and the strategies discussed are NOT...
I am expecting (pep) stock to rise from this point as i see a lot of buyers coming in on this reversal onto top with bullish divergence at the support range. Good Luck.