PepsiCo (NASDAQ: NASDAQ:PEP ) has once again demonstrated its ability to weather storms and adapt to changing market conditions. The latest quarterly earnings report from the beverage and snack giant paints a nuanced picture of both triumphs and challenges, offering insights into the intricacies of consumer behavior and economic factors influencing purchasing...
Conservative Trend Trade 2R
+ long balance
+ 1/2 correction
+ support level
+ biggest volume Sp
Calculated affordable virtual stop
(if price will hit SL level, I'll move TP to break even
and if it will not activate, will HODL
and receive dividends till it recovers)
1 to 2 R/R take profit
Monthly context
+ long balance
+ ICE level
+ support level
+ biggest...
great amazing fantastic.
PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products.
The stock #PEP, after a prolonged consolidation under the level of 168.81, was able to gain a foothold above this resistance level. On Monday, buying above 170.05 stop loss below the level of 168.81 .
The price is continuously heading southward. The price is below the moving average cloud - a confirmation of the downtrend. I am waiting for a breakout of the channel in the southern direction to join the trend. A possible R:R of 2:1.
PepsiCo has confirmed a 3 Line Strike on the Daily at the PCZ of a Bearish Gartley with Bearish PPO confirmation, which I think will result in PepsiCo making at least an 88.6% retrace.
On the H4 chart the trend started on October 13 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 174.07
But we should not forget about SL = 155.61
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, ...
PepsiCo Inc. (PEP) having recently come off long-term support, is now testing key resistance, able to absorb weekly buying pressures.
From here, (PEP) can return to long-term support, where a monthly low can be placed.
Thus, there is a two-sided framework.
Buying at long-term support in anticipation of bullish continuation over the following 5 - 6 months, or...
Hi Traders! Pepsico's price has broken the down-sloping resistance today. We expect the price to rise to the resistance line from here.
The long position can be entered now because breakout is occurring. If the price comes back below the down-sloping resistance line the trade would be invalidated.
PEP dropping gravity is heavy. 155-160 is a support price in the past two low. Volume is going up quickly, which is a good indicate of trend change. My plan is to Long at 155-160 and test if it continue drops.
Non Tech stocks are all becoming very attractive.
Hitting 200MA on the weekly chart, nearing Fib 0.618.
More Pepsi Sales come X'mas? NASDAQ:PEP looks undervalued dividend king, great time to accumulate IMHO.
Asset and Time frame -PEP, DAILY
Entry Price -176.14
Exit(Stop Loss) -188.41
Exit(Take Profit) -35.53
Price has been going upwards in an ascending tunnel for a while and now reached the bottom of it, usually, the price action like making a false break and then coming back up within the confines of the tunnel, there is divergence in the RSI, and additionally price...
rising cycle 9.30% in 9 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's...
█ SIMPLISTIC ANALYSIS </
Current Market Trend: short/sellers/negative.
Next Wave: buy wave to the mean.
Trade Type: Touch & Go don't wait for a close.
█ EARNINGS AT A GLANCE </
Release Date: 10/10 BMO
Earnings Anticipations: positive surprise for EPS & Revenues.
Surprise-Confidence on a scale of 0-5: 3.5
EPS & Revenue 2-Year Trend: the trend in EPS is neutral,...
PEPSICO took a strong fundamental blow yesterday, reaching remarkably oversold technical levels on the 1W timeframe (RSI = 19.097, MACD = -4.010, ADX = 44.557). On today's opening it hit the 1W MA200 for the first time since the March 2020 COVID crash. If it weren't for that crash, PEP would have never broken the long term Channel Up and today's candle would be...
