PEPB34 trade ideas
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 PT 150 PEP beat earnings today. Looks like a bull flag has been in the works or it's just in the channel. Would buy after it holds above 36. 140c is what I am going for. Tried today but again, covid scare sent everything into the shitter.
PEP Looking BullishBroke up from Ascending Triangle today post earning and rallied to resistance. 2 to 3 days around 137.50/138 will set the stage for a breakout and test of all time high around $145
PEP - 1st Target of Breakout Reached Earnings beat this morning. First target reached. Added green additional resistance before second red line target in near future. Broke out of 2-3 month consolidation. Look for the 4hr and day time frames to hold the channel breakout as well. Good luck to all!!
PEP - Channel BreakChannel breakout in progress. Will need a second candle to confirm but this is a good step. First target blue line, second target red line. Trim where necessary to reduce risk. Good luck!!
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.
Pepsi doing a nice consolidation getting ready for a big movewaiting for breakout to continue trading!
long over 137
short under 127 pref 125
Pepsi: Bull Flag? Earnings 7-11Pepsi has earnings in July so I am watching. Break out level has changed a bit like everything does in the market
Possible Break out is now 135.5 as Pep is trading in a Flag/bullish pattern. Flag patterns are only valid when prices breaks out
Stop: Mine would be below 124.5. Flag pattern provided support for this stock. We all have different tolerance for our stop loss
Target: 144 to 149
Target 2: 162 to 173
$PEP is begging for a break down$PEP chart looks awful. It's practically begging to be shorted. I think we saw a false break out here and now we're returning to earth.
PEPSICO (PEP) Important Structure Breakout
PEP broke below horizontal daily support.
now the market retesting the broken level and for us, it is a perfect opportunity to catch a bearish movement.
target level: 124.5
pepsico in trading rangewait at support for
1) reversal candlestick pattern
2) Golden cross of stochastic
Pepsi - Breakout Coming Soon Pepsi has been stuck in this rectangle for months now.
Been pretty easy to scalp, buy bottom of rectangle, sell at the top.
However, it's been consolidating and we should see a decent breakout to ATH soon.
Bullish on the break above of $139ish
SL would be break below of the box.
Bread & Butter :)
Lets go people!!
Opinions of my own, should not be taken as advice.
$PEP on Potential BreakoutHas a good chance of breakout from the resistance if positive outlook continues with around 8% gain upon hitting the next resistance level.
Quick look at PEPLower time frame EMAs are crossing already, trading within the channel. Everything is consolidating, break out might happen soon.
PEP Long, Uptrend consolidation Condition:
1.Runaway Gap (G1) Shows 40% of this trend.
2.Uptrend Consolidation around EMA144.
3.Looks like wave#4
Projection:
Pending for Trend Line Break (TLB1)
Better see Breakaway Gap (G2)
Earning date: 7/13/2020 6:00 AM ET -- Earning will not affect this plan.
Entry: 132
Stop: 128;
Target1: 145; risk/reward=1:3
Target2: 168; risk/reward=1:9
I am not a professional trader. I need few months to plan trade and trade plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
