The algorithm has found a wedge in pepsico which gives a great risk return ratio. Good luck and take care with the red line, where a multiple top pattern could be formed even when the target of the wedge is over it.
If $PEP crosses over $182.85 tomorrow, a short term signal will trigger which can cause a mid term signal to trigger which in turn could cause a long term signal to trigger catapulting the stock higher for many weeks if it holds up over the stop area in the coming 20 days. Best of luck, Ivan Labrie.
🟢 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.
Looking at the PEP PepsiCo options chain, i would buy the $162.5 strike price Calls with 2022-10-14 expiration date for about $2.41 premium. Looking forward to read your opinion about it.
Pepsi has key earnings this week which should receive a nice tailwind from it's RSI setup. The 100 session RSI on large timeframes indicate the stock is highly oversold relative to usual times. Historically, such levels on the RSI produce a 15% rally in the following three months. furthermore we are trading at the bottom of a channel, giving me further confidence...
- Supertrend signals a "Buy" on July 28, 2022 - 50 Day crosses the 200 Day EMA on the Daily Chart upwards. Entry Price - 250 @ $175.36 Stop Loss - $157.37 Target Price (1.5:1) - $202.27 - SOLD on =
The food and beverage giant has had a good year so far. Raising sales forecast, better-than-expected first-quarter results and increased dividend helped PepsiCo to outperform the S&P 500. Although the good results some of the top analysts on Wall Street have mixed expectations for the company ahead of the earnings report today. The estimated earnings per share are...
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.
if the crossover TSI shadow happens under the EMA ribbon (100 EMA and 200 EMA), I either just leave it alone and move on to the next stock OR I wait if price close above the ribbon AND the daily pivot is missed (and not too far away from the ribbon). Look at the charts, its self explanatory
Very close to retesting 2020 highs. Watching for reversal patterns on daily/intraday for short-term trades.
Stock Trading in Daily time frame correction which expected to go till December and Prices corrects till 140...
Three straight days of price consolidation. Time for a move.
According to the data in the chart and the condition of the candlesticks, we are expected to see a negative reaction again when hitting the roof of the canal.
Hello! Friends, -This would be a great Buy Opportunity, IF NASDAQ:PEP breaks up the Daily Resistance line at $146.30 (with a WHOLE DAILY Candle) !!
Testing Market Chameleon Data. IVx: 18.2% - June 18 IVR : 8.75/0.64 downtrend
A rising wedge combined with resistance makes a big gap down.