Sector early indicator? No, Consumer Staples, not that much.The Consumer Staples sector - here represented by Procter & Gamble (PG, in pink), Coca Cola (KO, in yellow) and PepsiCo (PEP, in purple) - are mostly not strong early indicators against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... KO & PEP fell from peaks in July 1998, then a period of over six months of weak underperforming prices from Dec 2014, a period of around two and a half months of weak underperforming prices from Aug 2017, then weak underperforming prices for KO & PEP during all of Aug 2018, and a period of around two and a half months of weak underperforming prices from mid Oct 2019.
PEP
🥤PEP Price Target Low 142's 🥤🔸 Long above 139.70's PT @141, 142.1, 143.4
🔸 Short under 137.60's PT @135.7, 135, 134.6
PEP failing to hold above 139.70 should pullback back down to the trendline or 137.60's. Play invalidated breaking and holding under 137.60's.
**WAIT FOR CONFIRMATION BEFORE ENTERING A POSITION**
PEP (NASDAQ) - Be CarefullGreetings
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Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
PEP (NASDAQ) - Be Carefull
Long PEP @ 132,66 on STOPNASDAQ:PEP
Buy breakout of 22.02.21 high on STOP @ 132,66.
1. 6M VAL reached
2. If ticker holds above 132,32 - POC is accepted and upward auction starts
3. If ticker breaks 132,66 and closes the day of break with bullish body then middle term swing low has been formed.
All three factors makes chances slightly above 50% for getting up and worth gettin long on breakout.
Sell out if PEP breaks below 130.
Targets: 135-140.
PEP bounce for the week of 02/22/2021PEP has been trending down since the beginning of this year, and is currently skirting along the bottom of the channel after an earnings miss earlier this month. The current RSI value at around 25 on the hourly timeframe places PEP firmly within oversold territory. Given PEP is currently oversold and resting on a historical support line, a move back up to the 135 resistance is likely and a breakout to 140 is possible, though rejection at either the 135 resistance or the top of the channel could signal a continuation of the broader downward trend.
Giant Ascending Triangle for Pepsi?Pepsi appears to be trading in an ascending triangle drawn in blue, but additionally, there's a noticeable inverted H&S, the blue head icon represents the head, and the two dark green lines are the shoulders.
I have placed a blue finger on the KST to represent a bullish cross.
On the RSI there appears to be a descending channel & potentially a triple bottom where I have placed the three blue fingers.
Option Play: PEPStock closed above key consolidation level at 143.77 on Friday. Stock tried to break through this level 3 times before finally breaking through and closing above for confirmation on Friday. We will see 147.2 shortly for an ATH kiss, and if momentum is strong enough, it could blow right through. Solid rally all together for the market on Friday afternoon helped push this one to confirm the close. Look for a green cloud to form up on the right as the price pulls up - setting up for a gap Monday or Tuesday, maybe Wednesday. Sitting in 147c for 11/20 expiration, and the 150c for 11/27. Good luck if you play!! 147 is my first 🎯 and then I’d base a larger rally on if the market is strong or not. Look for potential stimulus relief talks. In a scenario as such, we could see 155-160. Don’t hold onto calls too long, take profit and leave a runner or two.
PEP - Bull Flagging after Consolidation BreakoutBeen awhile since I’ve posted about PEP - Gap through consolidation to start the week off. Then the stock tagged the 143.77 resistance created in March and September, and is continuing to hold in the 140’s above the 9 day ichimoku average line, indicating a positive continued trend. Looking to close out weeklies around 147 resistance from pre-Covid timeframe. Below 142 this could be a bust. Above 143.77, jump on the train!! (In end of October calls - 145, 150 strikes)
PEP is a BUY - Small Risk, High RewardI beleive PEP is a spy before earnings. I initiiated a position last week and provided my trade pla on the chart.
I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have. Feel free to shoot me a DM or comment below to start a conversation! DM me to get these charts and my ideas before anyone else!
PEP - buy support zones analysisHello traders,
Description of the analysis:
PEPSICO ( PEP ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
PEP - Weekly Consolidation BreakoutStock finally broke out of the weekly consolidation between 127 and 138.7 and is currently back resting the breakout. The stock price found support at the top of the consolidation. Let’s see if we can continue this breakout moving forward. Blue target first, green second, red third. Stock may go through a target easily, but be prepared to trim and take profit as you deem necessary based on your risk portfolio.
The symmetrical eyeball pattern?.. lol. Next leg up in PepsicoPattern names always make me laugh. I had a conversation with a friend that asked why I bought a stock that did well last week.
A part of me wanted to give an interesting answer because that's really what he was looking for. People always want to be sold on a fascinating idea and outwit everyone else.
I explained that I didn't really know the fundamentals of the company. I instead pay attention to two main things:
How the market buys or sells a stock (any asset) in over what period of time , and how the asset reacts to the buying and selling . He didn't understand, so I just said there was a tight ascending triangle above a symmetrical rectangle. He thought I was trolling.
Patterns are just an expression of market behavior.
Back to the eyeball pattern (not a real pattern name fyi)... Pay attention to symmetry - symmetry in markets (in price and time) increases the probabilities.
Execution :
- Wait for a daily breakout above the blue or find an aggressive position in anticipation of the breakout.
Entry: Long the September 18 140 and 145 calls. Pepsico is a low vol stock so options are a good way to leverage a good set-up for a good profit.
Exit: Sell the 145 call if/when price hits 144.20 before September 18. Hold the 140s until expiration or a sell signal appears on the daily after the stock hits 144/145.
Risk under 135.
Price of the 140s are $2.07 finance.yahoo.com
Price of the 145s are $.70 finance.yahoo.com
For traders new to options, this could be a good exercise for you to follow.