PEP
Pepsi Long Fib Circle TransitionIn an ascending channel
If nothing wild happens in the market and stability remains this seems to be a good buy
Price may dump when fib transition occurs but im betting that the ascending channel will prop price up
Doesn't allign in my mind this sort of growth with the current state of economy, ill take it though.
PEP looking really bullish going into earningsHey everyone, If you enjoyed this analysis leave a thumbs up or comment your thoughts below!
On the chart we can see PEP has been putting in lower lows and the rsi is putting in higher lows showing a bullish divergence, along with this were seeing it currently sitting in a bull flag just waiting to break out. On top of that I personally believe Pepsi will have a solid earnings report tomorrow morning.
Im putting the price target at around $144.
PEP Analysis Ascending Triangle + Bullish Reversal + EMA Cross + Volume + Dividend
Pepsi Co 4Hr candle closed as a Strong Bullish Belt Hold (Opening White Marubozu), Look for a test of the Upper Resistance level at 133.12. Bullish Momentum can take us to price target of 135.12 before dividend.
Options Play: 06/05 135c (Low Risk/High Reward)
New Pairs Trade (Long PEP vs Short MNST)Hey traders, today I share a pairs trade I put on, going long $PEP and short $MNST in equal amounts betting on a reversion to the mean in the next couple of days and with a tight stop loss to limit the downside.
These are two similar stocks which make for a great pair and you can see on the Range Strength indicator the pair is currently trading in a strong range which is what we want to see before we take a signal from the Buy Sell Bands.
Stay tuned as i'll be updating this trade idea as it progresses.
Have a great weekend!
Jared
PEP can be fall down to 124.43 TLPEP support point 129.95TL is critical . If PEP can not hold on 129.95, Next Target can be 124.43 TL
NASDAQ:PEP
(it is not to be construed as an offer or solicitation for the purchase or sale of any financial instrument or the provision of an offer to provide investment services. Information, opinions and comments contained in this material are not under the scope of investment advisory services)
Pepsi to outpace Coca Cola again in 2020Disclaimer, Pepsi max is my favourite drink (apart from water (im drinking one now :P)), In the last 5 years Pepsi has outpaced Coca Cola by almost double (~50% growth), this growth is expected to continue in 2020 as Pepsi becomes more popular among Business and individuals.
PEP Breaks to the UpsidePEP 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.