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lauralea

M PATTERN

Pepsico, Inc. (BATS:PEP)  
lauralea  
BATS:PEP   Pepsico, Inc.
Chart Patterns Harmonic Patterns
5
33
chartpattern harmonicpatterns
EARNINGS 10-10 BMO.

Price is forming an M Pattern. If the 4th leg has terminated at the .886, this could be a bat. An alternate bat would have the 4th leg end at the 1.113. Peak 2 is lower than peak 1.

This is not to EL level.

No recommendation.
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