PEP
Daily PEP stock forecast analysis08-JUL
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Falling section of high risk & low profit
S&D strength Trend: About to begin a downward trend as a rebounding trend gradually gives way to increasing limited rises and strong falls.
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
read more: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.1% (HIGH) ~ -0.4% (LOW), -0.3% (CLOSE)
%AVG in case of rising: 0.9% (HIGH) ~ -0.3% (LOW), 0.4% (CLOSE)
%AVG in case of falling: 0.5% (HIGH) ~ -0.7% (LOW), -0.5% (CLOSE)
$PEP. Uptrend channel. New high before earnings.Looks like the stock price is not going to lower than $131 -$130 per share before earnings.
I'm sure $PEP will show the new high within one month.
Time Frame: 4H
Enter ~ $131 - $130
Support ~ $115
Resistance ~ $135
TP: When the uptrend will end or when the share price is trading above the upper bound of the channel.
I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Good Luck.
PEP I'm not a Pepsi loverPepsico 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.
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THE WEEK AHEAD: PEP, COST EARNINGS; EWZ, CRON, NIO, IQ, MJPEP announces earnings on Tuesday before market open; COST, on Thursday, after. Neither presents a particularly compelling earnings announcement-related volatility contraction play, with PEP's rank/30-day implied coming in at 30/18, and COST's at 35/23.
With Brazilian elections taking place a week from today (October 7th), it seems to me that an EWZ play is in order if you haven't already got something on: the November 16th 29/39 short strangle is paying 1.59 at the mid with break evens around one standard deevy -- 27.41/40.59. You can naturally go with an October setup, but implied was over 20% higher out in November (44.0% versus 53.2%) as of Friday close, so you're likely to get a little more juice if you go a touch farther out in time.
On the exchange-traded fund side of things, EWZ comes in at the top of the board, with a rank/30-day implied at 79/50, followed by USO at 65/28, and GDX at 50/27.
Non-earnings high implied: CRON: 71/124; NIO: ~/106; MJ: ~/68.0, and IQ: -/61.4.*
Broad Market Majors Background 30-Day: QQQ: 17.2%; IWM: 15.0%; DIA: 13.6%; EFA: 13.3%; SPY: 11.8%.
* -- Neither NIO, MJ, nor IQ have been around for 52-weeks, so they don't currently have a 52-week range to evaluate. I would note that the options liquidity for MJ isn't the greatest, but figured I would throw it in there since weed is hot, and not everyone enjoys paying the single name roller coaster. The MJ November 16th 40 short straddle is paying a whopping 7.45 at the mid, with break evens at 32.55 and 47.45 ... .
$PEP Pepsi - Overbought at Resistance$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.
Note: this will most likely be a temporary move, longer term trend does appear bullish.
Note: Observation/opinion, not investment advice.
Pepsi: Historical Lows & Swing Trade OpportunitiesPepsi has been on a tear recently. After a major sell-off from a $122 high to a $94 bottom, PEP has made an incredible 18% recovery. Today, July 10th, the breakout volume on the open was incredibly strong.
With the daily RSI is getting close to oversold conditions, I could see PEP short-term price recovering to previous support level around the $109 level, before regaining momentum to the upside.
Watch for the RSI levels to cool off and present another swing trade opportunity.
PEP Sell Set-UpWe were watching PEP a few days ago when we had a bear div on the daily during a weekly downtrend. Didn't take a short at the bear div because was concerned about R:R and where to take a short.
At yesterday's daily close, the pot sweetened for a PEP short as we moved up without invalidating the bear div and closed with a long upward wick (but green).
There's two ways to set this stop: Either set it very tight and damage your win rate, or set it loose and risk a larger % loss. It's not an easy choice but it has to be made so I chose the tight stop.
PEPSICO bullish patternEven though I don't use this kind of analysis, was formed a "Cup and Handle" on the PEPSICO chart. Last Friday there was the breakout that occurred with not high volume (below the 10-days moving average). Personally, I would wait for a pullback before opening a long position on PEP.
PEP - Possible Bullish Swing TradeHere is a bullish swing trade that I may take if PEP moves over the next several days as I would like it to. What I see on the daily chart is a double bottom followed by a breakout of the double bottom neckline and now the price has pulled back to re-test the neckline. What I want PEP to do over the next few days is to form an S-Curve like the blue line I have drawn. It is still too early to set an entry or stop but hopefully, they can be set sometime next week.
Here is the hourly chart where you can get a better look at the double bottom, the breakout, and the re-test.
PepsiCo Getting Benefit from Equity Market and KOPEP the famous PEPSI is definitely getting benefit from the equity market and the correlation with KO so this time is a very similar scenario for both companies. Anyway target is just up to $122.22. However considering I'm not a real sugar lover, neither of Pepsi, I prefer Coca-Cola.
Have a Good Trading Week
Cream Live Trading, Best Regards!
PepsiCo, Head & Shoulders pattern and support breakout analysisThe stock has completed a short-term head and shoulders pattern. The price is consolidating and preparing for the next move. It has also broken a support level with high bearish volume and it's going to retest the 110.60 level. If/When the price is gonna swing, the minimum bullish target is around 118.
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
This is Cheap To Buy With 1:7 R/RI am expecting (pep) stock to rise from this point as i see a lot of buyers coming in on this reversal onto top with bullish divergence at the support range.
Good Luck.