PEP
-Has been on a bull run since 1981
-Every while does a 10-20% correction,
(and up to a 40% correction in case of a major economic crisis)
-Always goes back up to a new all-time-high...always
-Is now done about 20% from all-time-high
-Prices now are the same as it was in Nov 2021
-The last time it did such a correction was in 2020
I would say it is a no-brainer for those who are looking for low-risk trades, I would go in with no stop loss even since it will find its way back up.
*Not Financial Advice*
Comment:
Looking for entry at ~165