PepsiCo, Inc.
Long
Updated

PEP (Pepsico Inc.) - Overall bullish for quarterly period

96
Pepsico Inc.
PepsiCo, Inc. is the manufacturing, marketing, and distribution of grain-based snack foods, beverages, and other products. It's driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages. It distributes its products through direct-store-delivery and customer warehouse systems, as well as third-party networks.

Analysis/Commentary
Strong Sales Growth Y-on-Y & Improving EPS

Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has given price move to the downside
- Overall sentiment is Bullish
- Potential for further downside to BASE
- Expectation for the price to move to MID or HIGH point
- Trailing stop-loss on price above MID point

GOOD LUCK.
DO YOUR OWN RESEARCH!
Note
25th Feb - Bounced off the predicted base, will we see a rise to MID/HIGH point during the quarter?
Note
TRADE UPDATE: Successful
Price action bounced off base-point then recovered to predicted high point

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