Pepsi looks to be showing some strength once again (still needs to see the 20 ma turn upward). Looks good to put on the watch list as one likely to break out if the S&P continues to downtrend in light of bearish trade news. Dividend aristocrats bode well in volatile markets.
Low RSI & Low HV with High recent Volume. RSI <5 & PA nudging 100 MA Looking for Reversal to Mean higher. Taking simple Bull Put 130/120 Spread. Dec Exp but aiming to Close in profit well before that... Good Luck - Watch your $$$ RISK ...Any questions just DM me...
PEP had reported better then exacted earnings that took the stock to new high with great volume note the bull flag breakout on chart with a gap addition targets on chart
Wave 5 was completed! we are ready to go down! Let's short this.
In the chart you can see the analisys of the PEPSICO INC stock price during part of October consideraron a 3 hr timeline. It is a Down Trendline, there are three touches in the trend line. Two clear touches and one close to the line.
Pullback for entry. Stop below new support. Volume coming in the last few days.
PEP remains very good value trading AT A 14.85 P/E Ratio. Yield attractive at 2.85% Highly diversified portfolio of brand names. Breakout potential
Bullish consideration pre-earnings. Fundamentally the stock is a safety play, like many consumer goods stocks lately the have outperformed. Bullish set up on chart with very strong support. P/E ratio at a very reasonable 15. Any selloff in the stock post earnings have been recovered quite quickly. Will benefit from market weakness. Strong diversified...
PEP has breached the resistance highs to move slightly up to a new all-time high. PEP is one of the few Index Components that has a new high at the end of August. PEP must now hold on to these gains and not slip back down into the Trading Range. Early September price action will define whether this breakout holds.
I think that we have enough alarms for sell this. you can sell it now or wait for a one bearish candle. Anyway we have a lot of sell alarms at here.