PEP has breached the resistance highs to move slightly up to a new all-time high. PEP is one of the few Index Components that has a new high at the end of August. PEP must now hold on to these gains and not slip back down into the Trading Range. Early September price action will define whether this breakout holds.

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breakoutCandlestick AnalysisChart PatternsgainshighsindexcomponentsnewalltimehighPEPpepsicotradingrangeTrend Analysisupside
Martha Stokes, CMT
ttrader.im/tv-candlesticks

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