PEP bearishhi traders
PEP is not looking good here.
The price created a double top pattern which is bearish.
We expect the price to retest the neckline and if we get a successful breakdown the short position can be taken.
The target for shorts: 155 $
The invalidation would be if the price reclaims the support after the successful breakdown. In this case the short position should be closed.
Good luck
PEP trade ideas
PepsiCo Navigates Challenges Amidst Earnings BeatPepsiCo (NASDAQ: NASDAQ:PEP ) has once again demonstrated its ability to weather storms and adapt to changing market conditions. The latest quarterly earnings report from the beverage and snack giant paints a nuanced picture of both triumphs and challenges, offering insights into the intricacies of consumer behavior and economic factors influencing purchasing patterns.
Earnings Report
Despite surpassing Wall Street’s expectations in terms of earnings per share, PepsiCo faced headwinds as its quarterly revenue experienced a slight decline, marking the first downturn in nearly four years. The company attributed this dip to various factors, including high borrowing costs and diminished personal savings affecting consumers’ spending habits, particularly in the North American market.
CEO Ramon Laguarta provided valuable insights into the underlying dynamics, noting a slowdown in U.S. sales driven by pricing pressures and shifts in consumer behavior. As consumers increasingly opt for convenience store purchases over at-home consumption, PepsiCo finds itself adjusting its strategies to meet evolving demand patterns. Laguarta’s optimism, however, remains palpable as he points to positive indicators such as low unemployment rates and potential improvements in interest rates and wages, which could bolster consumer spending in the coming months.
Delving Deeper
Delving deeper into the numbers, PepsiCo’s ( NASDAQ:PEP ) organic revenue saw a commendable 4.5% increase, fueled primarily by higher prices. However, the same pricing strategy has inadvertently dampened demand for the company’s products, leading to a decline in volume. Notably, PepsiCo’s North American divisions, including Quaker Foods and Frito-Lay, experienced volume contractions, with the former grappling with a product recall that affected sales momentum.
Future Outlook
Looking ahead, PepsiCo ( NASDAQ:PEP ) recalibrates its projections for 2024, anticipating organic revenue growth of at least 4% and an 8% increase in core constant currency earnings per share. While acknowledging the likelihood of a subdued first half of the year, marred by product recalls and geopolitical tensions impacting international sales, the company remains steadfast in its commitment to navigating these challenges with resilience and agility.
Conclusion
In conclusion, PepsiCo’s ( NASDAQ:PEP ) latest earnings report serves as a testament to its ability to adapt and thrive in a dynamic market environment. By staying attuned to consumer preferences, while also proactively addressing economic headwinds, the company continues to position itself for sustainable growth and long-term success. As the journey unfolds, PepsiCo’s steadfastness in the face of adversity reaffirms its status as a stalwart in the global consumer goods industry.
PEP Conservative Trend Trade LongConservative Trend Trade 2R
+ long balance
+ 1/2 correction
+ support level
+ biggest volume Sp
Calculated affordable virtual stop
(if price will hit SL level, I'll move TP to break even
and if it will not activate, will HODL
and receive dividends till it recovers)
1 to 2 R/R take profit
Monthly context
+ long balance
+ ICE level
+ support level
+ biggest volume 2Sp-
+ test
PEPSICO trend continuationgreat amazing fantastic.
PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products.
PEP (PepsiCo) Buy TF H4 TP = 174.07On the H4 chart the trend started on October 13 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 174.07
But we should not forget about SL = 155.61
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
PEP testing key resistancePepsiCo Inc. (PEP) having recently come off long-term support, is now testing key resistance, able to absorb weekly buying pressures.
From here, (PEP) can return to long-term support, where a monthly low can be placed.
Thus, there is a two-sided framework.
Buying at long-term support in anticipation of bullish continuation over the following 5 - 6 months, or waiting for a weekly settlement above key resistance where gains of 20% would be expected over a similar time horizon.
PEP 07/09/2023 LongAsset and Time frame -PEP, DAILY
Entry Price -176.14
Exit(Stop Loss) -188.41
Exit(Take Profit) -35.53
Price has been going upwards in an ascending tunnel for a while and now reached the bottom of it, usually, the price action like making a false break and then coming back up within the confines of the tunnel, there is divergence in the RSI, and additionally price has reached the Weekly 100MA,
Good luck
PEP, 9d/9.30%rising cycle 9.30% in 9 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
Earnings Journal█ SIMPLISTIC ANALYSIS </
Current Market Trend: short/sellers/negative.
Next Wave: buy wave to the mean.
Trade Type: Touch & Go don't wait for a close.
█ EARNINGS AT A GLANCE </
Release Date: 10/10 BMO
Earnings Anticipations: positive surprise for EPS & Revenues.
Surprise-Confidence on a scale of 0-5: 3.5
EPS & Revenue 2-Year Trend: the trend in EPS is neutral, the trend in Revenues is neutral.
█ SYNOPSIS </
"I expect the market will buy the surprise if the earnings report hits the Wall Street consensus, or sell the surprise if the earnings report misses the Wall Street consensus."
█ BACKGROUND </
Research Depth: technical & fundamental glance only.
PEPSICO: Are you willing to take that risk on the 1W MA200?PEPSICO took a strong fundamental blow yesterday, reaching remarkably oversold technical levels on the 1W timeframe (RSI = 19.097, MACD = -4.010, ADX = 44.557). On today's opening it hit the 1W MA200 for the first time since the March 2020 COVID crash. If it weren't for that crash, PEP would have never broken the long term Channel Up and today's candle would be exactly on its HL bottom.
Under the current circumstances it looks like a big risk but every time the stock crossed under the 1W MA200 and the 1W RSI got oversold (under 30.000), it was the buy opportunity of a Cycle. Those two bottoms instantly rebounded to the 0.786 Fibonacci level, so that sets a target for us at 187.00.
Are you willing to take that risk?
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PEPSICO is at 5 Year up slopping support line.PEPSICO is at 5 Year up slopping support line. It is a perfect opportunity for accumulation of Warren Buffet´s favorite company. It is a long term investment opportunity.
Entry point: You can consider entering a long position at current price around: 172.00.
Take Profit : 200.00.
PepsiCo, Inc. (symbol ‘PEP’)PepsiCo, Inc. (symbol ‘PEP’) share price declined by around 6% in the third quarter of the month. The company’s earnings report for the fiscal quarter ending September 2023 is expected to be released on Tuesday 10th of October, before market open. The consensus EPS is $2.18, up from $1.97 in the same quarter last year.
‘As of 30/06/2023 the company’s financials are not looking great with the current ratio being at just 89% which means that the company has no ability to repay its short term liabilities with the current assets currently in possession. Also the long term debt makes up around 46% of the total liabilities of the company meaning that the company is mostly operating on debt rather than income generated funds. On the other hand the dividend yield is above 2.60% making the share of the beverage giant relatively attractive to long term investors. ’ said Antreas Themistokleous, trading specialist at Exness.
Technical analysis shows that the price is trading at a rather interesting area on the chart consisting of the 78.6% of the weekly Fibonacci retracement and the lower band of the Bollinger bands, Both of these technical indicators could act as a support on the price and cause some minor correction to the upside in the near short term. If this scenario plays out then it is possible to see some resistance around the $180 area which is made up of the psychological resistance of the round number, the previous high of late August and is also just above the 61.8% of the weekly Fibonacci retracement.