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MarathonToMoon

PEP: Support and resistance

Short
PepsiCo, Inc. (NASDAQ:PEP)  
MarathonToMoon Updated   
NASDAQ:PEP   PepsiCo, Inc.
Chart Patterns short shortsetup
4
0
chartpattern short shortsetup
PEP is at major resistance, mostly it will come down to the red line.
This stock respects the analysis.

RSI is over heated, stock is at ATH, economic conditions are not good.
So, I expect it to correct to the red line in few weeks.
PEP
Comment:
going as per plan.
Dollar is moving up, lets see.
Comment:
That's a good trade, cheers.
Trade closed: target reached:
176 can be touched in coming weeks.
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