Hourly Chart.
Possible 1-2 after the most recent bullish alert which came together with a bullish crossover.
The wave structure is looking bullish as well.
Waiting for a bullish action of the price to confirm the setup.
The PEAD projected a bullish outlook for NASDAQ:PEP after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 60%.
PEP has a support at 180.54
Therefore we are waiting a trend change.
Entrance at 184.20 Dotted line
SL= Below but close to 180.54 (support)
Take profit= 188.68 (Fibo retrachment at 50%)
You can stay even above 188.68, always managing your risk!
When price clears: 196.88
With daily volume greater than 2.95M and greater than 20 day average.
Target: 208 area
Stop: Depending on your risk tolerance; 193.19 gets you 3/1 Risk/Reward.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this...
Buy at last resistance turns support area
Pink line SL
Blue Line first tp, can take 2/3 and let 1/3 run.
Move SL to entry price if price goes to blue line
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.
NASDAQ:PEP
PepsiCo is thirsty for more, heading upwards and striving for the green zone between $195.83 and $212.31 purposefully. Soon, the share should reach its goal and complete wave (I) in white. Afterwards, it should rebound from the upper edge of our pink trend channel and start an extended downwards movement, leaving the pink trend channel on the southern side and...
I'am long on PEPSI from 171, i think that it will break the trendline and pump, MACD good, also RSI and other indicators.
although I consider pepsi an overrated stock, on the other hand this was, at 171$ a pretty long scenario that could make a 10% profit.
:) comment and tell me your idea about this
- PEP has broken up through the ceiling of the rising trend channel in the medium long term, which signals an even stronger rising rate.
- The stock has also broken a rectangle formation.
- A decisive break of the resistance at 191 will signal a further rise to 218 or more.
- In case of a negative reaction, the stock has support at approximately 178.
- RSI above...
A pullback in Pepsi is likely to occur.
XLP has been one of the best performing sectors YTD.
Pepsi has completed a measured move into resistance.
A massive deviation away from the mean should cause some profit taking in Pepsi.
If you look at the price of Sugar soaring recently this should eat into Pepsis margins moving forward.
On PEP as you see on the chart we have the breakout of the vwap indicator and also the breakout of the support line so it's mean that we will have a big probability to have a downtrend.Thanks!
If you haven`t bought PEP here:
Then analyzing the options chain of PEP PepsiCo prior to the earnings report this week,
I would consider purchasing the 185usd strike price Calls with
an expiration date of 2023-5-19
for a premium of approximately $3.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them, I...
Possible M pattern forming. I left the 3rd leg dashed as I am not sure this leg is complete. It could go higher and time will tell.
When leg 3 does complete, this pattern will often reverse to the downside.
ABC/D pattern as well which is also known to reverse down when D is reached.
Most likely a Shark forming
Earnings this am.
Overbought on RSI.
No...
PepsiCo, Inc. (symbol ‘PEP’) share price has gained back all the losses incurred in the first quarter of the year and is currently trading at a slight profit. The company’s earnings report for the fiscal quarter ending March 2023 is set to be released on Tuesday 25th of April, before market open. The consensus EPS for the quarter is HKEX:1 ,37 compared to the...
PepsiCo reported revenues of $28 billion in the last reported quarter, representing a year-over-year change of +10.9%. EPS of $1.67 for the same period compares with $1.53 a year ago.
The strength centered on the Frito-Lay North America business grew by 25%.
The uptrend remains strong, and the price is heading to the upper part of the channel, the $ 195...
