Three straight days of price consolidation. Time for a move.
ENTRY: 156.53 SL: 151.94 TP1: 162 TP2: 167 - ADX<20. Would like to be higher. - RSI>50. - Reacted well to pivot point "P" by bouncing off twice. - Entry based on breakout from VZ yesterday. - Strength meter shows weakness so entered with lower risk.
According to the data in the chart and the condition of the candlesticks, we are expected to see a negative reaction again when hitting the roof of the canal.
Hello! Friends, -This would be a great Buy Opportunity, IF NASDAQ:PEP breaks up the Daily Resistance line at $146.30 (with a WHOLE DAILY Candle) !!
The Consumer Staples sector - here represented by Procter & Gamble (PG, in pink), Coca Cola (KO, in yellow) and PepsiCo (PEP, in purple) - are mostly not strong early indicators against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... KO & PEP fell from peaks in July 1998, then a period of over six months of weak...
Testing Market Chameleon Data. IVx: 18.2% - June 18 IVR : 8.75/0.64 downtrend
Looks good for longs in this area below green, stoploss below white targets are lines above - this is not financial advise. dont blindly follow these trades they are for record keeping only.
🔸 Long above 139.70's PT @141, 142.1, 143.4 🔸 Short under 137.60's PT @135.7, 135, 134.6 PEP failing to hold above 139.70 should pullback back down to the trendline or 137.60's. Play invalidated breaking and holding under 137.60's. **WAIT FOR CONFIRMATION BEFORE ENTERING A POSITION**
Greetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox). Pra Trading : - Please care for Money Management - Have a good psychology - Do not be hurry to open position and do not do...
NASDAQ:PEP Buy breakout of 22.02.21 high on STOP @ 132,66. 1. 6M VAL reached 2. If ticker holds above 132,32 - POC is accepted and upward auction starts 3. If ticker breaks 132,66 and closes the day of break with bullish body then middle term swing low has been formed. All three factors makes chances slightly above 50% for getting up and worth gettin long on...
PEP has been trending down since the beginning of this year, and is currently skirting along the bottom of the channel after an earnings miss earlier this month. The current RSI value at around 25 on the hourly timeframe places PEP firmly within oversold territory. Given PEP is currently oversold and resting on a historical support line, a move back up to the 135...
JSE:PPH is currently struggling to break through a resistance level that goes all the way back to December 2017. If it doesn't break through and goes down, I will wait for it to break through the support level of around 1450 before entering short.
Nice pullback for PEP. Target is @136.5
Pepsi appears to be trading in an ascending triangle drawn in blue, but additionally, there's a noticeable inverted H&S, the blue head icon represents the head, and the two dark green lines are the shoulders. I have placed a blue finger on the KST to represent a bullish cross. On the RSI there appears to be a descending channel & potentially a triple bottom...