I have the EW count more like this:
Pepsico is looking to go higher, but I'm wondering for how long? The answer is: within a week this stock should start to move... down. Sidenote: "Top-notch entries are exclusive to members of Cream Live Trading" Learn how to beat the market as Professional Trader with an ex-insider! Have a Nice Trading Week! Cream Live Trading, Best Regards!
I don't really know what this will do long term but I feel like this is bouncing off the ultimate support. I'm thinking this will bounce enough to play long before it either rolls over and breaks support, or just channels for a bit.
The price is over the 30MM. The risk/reward is 0.36, and a think the price will bounce (2.81% vs. 7.81%) and break de the resistant. The slope of 30MM is positive. I think it is in phase 2.
Chart used for my own historical reference, any input is welcome.
Watch out PEP for a reversal , likely to show a horizontal pattern . 180-chart shows its on a uptrend just wait for the confirmation of reversal
Hi everyone, we are in correction down in middle term of this stock. Hope we are in Bullish Flag pattern. Analysis in the chart. Good luck guys !
This uptrend says "Buy ME! Hurry up and Buy ME!" The strong uptrend can make you money, the dividend will be your small surprises every Q. so why not to buy it? If you want to read the fundamental analysis check the SeekingAlpha PeP profile, or Google it to know more. I'm sure the company could hit new highs in the 2019 after acquired SodaStream. What's...
PepsiCo has broken it's upward incline/trend line support. Over the last six weeks we have seen a short term top being built with the price currently re-testing the breakdown level. Currently at $112.05, traders should be looking at $107 as a target, using a stop-loss of $114.00.
As you can see from the chart the price has respected the trend lines on the weekly chart ( the blue and purple arrows ) the price temporarily broke out the trend line, and then broke back into it and bounced of the bottom trend line, so we are going long. SL and TP are reserved for our clients, please message to join.
CEO is stepping down, buying the dip at support on panic sell with low volume. Thinking she we'll pop again for a small bullish run before running into resistance again.
PEP looks to be buy-able at this level. Strong support around 113.20 along with the daily 20 ema. Expecting the stock to continue higher from this point. Will exit Calls at previous resistance 116.87.
The Pesi Co, chart (PEP) has shown a downtrend line with two confirmation points.
Playing bounce off the 10 daily ema for continuation of bullish trend after strong earnings.
$PEP Pepsi looking over-extended meeting resistance around $116.50 today, with what looks like a nice reversal candle forming. Expecting a price correction in the very near term to the $110-$112.50 area. A couple gaps left open below to possibly fill. I could see it going as low as $108 with this pull back, but that may depend on overall market conditions....