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.
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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,...
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...
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.
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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...
D1 - Special Cycle completed, we have double waves down and price reached an extreme zone. We can look for buys with the breakout of the most recent trend line.
H4 - We have multiple cycles, all cycles are reaching towards the same magnet zone. Now we need to look for confirmations of bullish reversal in the form of false breaks, breaks above highs, trend line...
The stock is bouncing between the support and the resistance of this long-term bullish parallel channel. Always pay attention to the bigger picture.
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
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...
PepsiCo Inc. NYSE:PEP has recorded second quarter profits of $15.395 billion, ahead of the average analyst estimate of $15.37 billion. One of the spin offs of this is that the company’s stock prices have been moving in the right direction, reaching an all-time high of $109 per share on the NYSE on the evening of June 6, 2016. Earnings per share ended at $1.35,...
Shorting Coca-Cola bottling company.
Price is near 52 week high.
Recent strong rally in price, on no news.
Price stopped accelerating upward, slowing/stopping (bulls are done).
Consumer sentiment for sugary beverages continues to fall.
Biggest sales are Europe which is currently burning the Euro.
I'm not confident on the price...