Pepsi
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.
Pepsi bullflagPepsi is currently in a large upward channel on the weekly timeframe, on the daily timeframe a bull flag can be observed, this will lead to upsides. Other patterns include a diamond bottom reversal after a short term bearish run, a double top, and a double bottom. A great buy long term.
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. 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.
Pepsi shares: short opportunityOn the hourly chart of the instrument, with high probability, the price is starting the fifth Elliott wave of a bearish period. Also, a sell fractal was formed below the MA`s of Alligator indicator. Going short if we break its level. SL and TS levels are marked on the chart.
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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Pepsico LongAs you can see from the chart the price has respected the trend lines on the weekly chart ( the blue and purple arrows ) the price temporarily broke out the trend line, and then broke back into it and bounced of the bottom trend line, so we are going long.
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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.