Does Pepsi Drinks Come With An Inverted Head & Shoulders?
No of course not! However, the daily chart for the global soft drink has an inverted head and shoulders on the daily chart.
PEP closed above the neckline of the pattern! Also, PEP has 4 touches at the daily trendline (immediately above the neckline). I set an alert on the neckline and at the daily...
🟢 PEPSICO
TF: 1D
Side: Long
Pattern: Falling Wedge
SL: $157.35
TP 1: $165.71
TP 2: $168.63
TP 3: $171.00
Nice falling wedge has formed on the 1D time frame.
You can buy now and DCA if the price reaches the red area or wait to see if the price goes there first.
Comparison between two runs, bitcoins 2017 parabolic run, and the massive parabola that is continuing to form on PEPSI
Expect Pepsi to continue this run for many years, assuming we aren't at the top already.
Welcome to our Weekly V2-Trade Setup ( PEP ) !
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4 HOUR
Solid performance and data.
DAILY
Expecting more bullish price action!
WEEKLY
Great long entries, underprices imo..
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STOCK SETUP
BUY PEP
ENTRY LEVEL @ 156.92
SL @ 149.40
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep...
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...
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,...
