Forming Ascending Triangle and Squeezing yellow dot on weekly and daily.
Pepsi analysis This is a weekly chart, not very useful for leverage traders. I recommend going long along the ascending scallop or when the Gann line is reached.
-Chart has not changed since I drew a couple weeks ago and continues to perform as expected -Closed right at the bottom a huge volume shelf -Break of 43.20ish would bring a measure down of about 5 points to the $38 price level **RSI is still declining but is still below 50 and on watch if it continues dramatic move to oversold territory. **Still strong volume...
In an ascending channel If nothing wild happens in the market and stability remains this seems to be a good buy Price may dump when fib transition occurs but im betting that the ascending channel will prop price up Doesn't allign in my mind this sort of growth with the current state of economy, ill take it though.
PEP beat earnings today. Looks like a bull flag has been in the works or it's just in the channel. Would buy after it holds above 36. 140c is what I am going for. Tried today but again, covid scare sent everything into the shitter.
Ascending Triangle + Bullish Reversal + EMA Cross + Volume + Dividend Pepsi Co 4Hr candle closed as a Strong Bullish Belt Hold (Opening White Marubozu), Look for a test of the Upper Resistance level at 133.12. Bullish Momentum can take us to price target of 135.12 before dividend. Options Play: 06/05 135c (Low Risk/High Reward)
Trading at bottom of recent range, again with massive buying volume recently. Levels are posted above and below.
After rally, it is forming a flag. the volume on may 15 is impressive. watch for break out. if you find my charts useful, please leave me "like" or "comments" thx
Quick and Easy trade here.
A bearish divergence has formed on PEP this fall is supported by the fall of the nasdaq. Possible gap down following a gap up on pepsi
PEP has formed a large ascending scallop on the weekly chart Included a fractal for a bullish scenario Great company, favourite bev
PEP support point 129.95TL is critical . If PEP can not hold on 129.95, Next Target can be 124.43 TL NASDAQ:PEP (it is not to be construed as an offer or solicitation for the purchase or sale of any financial instrument or the provision of an offer to provide investment services. Information, opinions and comments contained in this material are not under the...
Entry: 137 Stop Loss: 147 Target: 134 Risk/reward ratio: 1:4
Pepsi is currently in a large upward channel on the weekly timeframe, on the daily timeframe a bull flag can be observed, this will lead to upsides. Other patterns include a diamond bottom reversal after a short term bearish run, a double top, and a double bottom. A great buy long term.