The PEP has a great future going in the south direction. On a weekly chart, the price is near multi months support, red line, and RSI is well under his 50 lvl. To confirm future downside development we need RSI to stay inside 20-40 range, and yes more tweets from Mr. Trump
PEP is still in an overall uptrend but its likely we see a pullback to the trend-line level
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,...
As I always say, our indicator never fails us.. see the results for yourself. If you too want the indicator for yourself please PM me
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%
On the hourly chart of the instrument, with high probability, the price is starting the fifth Elliott wave of a bearish period. Also, a sell fractal was formed below the MA`s of Alligator indicator. Going short if we break its level. SL and TS levels are marked on the chart.
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!
As you can see from the chart the price has respected the trend lines on the weekly chart ( the blue and purple arrows ) the price temporarily broke out the trend line, and then broke back into it and bounced of the bottom trend line, so we are going long. SL and TP are reserved for our clients, please message to join.
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...
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!
Hello guys, today I provide an analysis over Pepsi's Shares, I started applying the DDM (you can find a guide here: pages.stern.nyu.edu ) and I found out that Pepsi in underrated by roughly 17 dollar per share according to the model. Please look at the link below, read how works the model and let me know what you think by comments or PM. Best wishes, doc ...