#PEP $PEP166.40 BREAKDOWN POSSIBLE 165.40/164.80/164/162/160 can test Bear flag breakdown possibleShortby Equity_Research_Analyst-022
PEP Bullish NotesThe past couple of weeks PEP has been trading inside a symmetrical triangle which within appears to has formed an ascending triangle. Breakout from both happened arround may 6 with above average volume and now price could potentially reach 196 up to 206 price target. There is a golden cross nearly done in Weekly and the price has recently bounced from EMA 200 that's been the main suppor of the upward trendline since 2010. Looks like a healthy upward move. Target 196-206 Stop 175 NASDAQ:PEP Longby Alfonsoe213
The Stock Price of Pepsico Is Retracting from Its Yearly HighThe Stock Price of Pepsico (PEP) Is Retracting from Its Yearly High On April 23, the quarterly report of PepsiCo's performance for the first quarter was published, which was awaited anxiously. The issue stemmed from the fact that in December 2023, the U.S. Food and Drug Administration (FDA) announced the recall of over 40 Quaker Oats products – a company owned by PepsiCo – due to potential salmonella contamination. This led to a 22% decline in sales volume of Quaker Food products in the first quarter. However, the report exceeded expectations: → Earnings per share: Actual = $1.16, Expected = $1.518; → Gross revenue: Actual = $18.25 billion, Expected = $18.08 billion. By April 25, the stock price of PepsiCo (PEP) reached its yearly high, surpassing the $180 mark. Then, this week, specifically May 13, the stock price of PepsiCo (PEP) hit a new yearly high, exceeding $181. Technical analysis of the PEP stock chart shows that: → The price is moving within a long-term ascending channel (shown in blue); → Starting from March, the price is forming a short-term, steeper ascending channel (shown in green). Thus, the price of PEP stock has risen by approximately 10% since the beginning of March. This may motivate shareholders to take profits. By the way, according to SEC Form 4 information, David Flavell, Vice President, General Counsel, and Secretary of PepsiCo, sold over 6,000 shares on May 10. Therefore, it is plausible to assume that the PEP stock market is in a vulnerable position for a retracement, considering that resistance to further price growth in the short term could be: → The psychological level at $180; → The median line of the blue channel. If a correction scenario unfolds, a decline to the lower boundary of the green channel cannot be ruled out. According to TipRanks, analysts' average forecasted price for PEP stock is $190 within 12 months. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen2212
PEP PepsiCo Options Ahead of EarningsIf you haven`t bought the dip on PEP: Then analyzing the options chain and the chart patterns of PEP PepsiCo prior to the earnings report this week, I would consider purchasing the 175usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $4.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsUpdated 2
The Most successful trades are the ones that follow your planTrading is simple but it is not easy If It was easy everyone will be making money, it is simple in the sense that a set trading plan once followed can yield positive probability results. I will teach you my most successful trading method. I have been using this method for years & it is no secret, this trading technique is used by many traders, the more traders who use this technique the more of a true self fulfilling it becomes. Use three charts, a Long-term Chart, a Current term chart and a smaller term Chart. Identify the long-term trend on the long-term chart. if the trend is up. use the Current-term chart to identify a correction into a qualified DZ. use the small-term chart to time your entry, time your stop loss and time your profit targets. This is the theory of a successful trading strategy. for the practice check out my other trades. In this long trade on PEP Pepsi, the long-term (M) is an uptrend. the price corrects into a DZ, that also happens to be the Higher Low of the (M) uptrend. the Long trade was initiated & two profit targets were reached when the price held steady proofing a price correction & not a trend reversal. Longby greatful-me0
PEP bullish englufingPEP had a strong bullish engulfing candle today after a small selloff on positive earnings. I did enter the position with some cash on my last charge post for PEP. Fundamentally I think 192-200$ over the next year sounds reasonable. This is not going to produce astronomical gains, but reasonable and safer gains as we approach recession territory. I believe the government will do anything they can to make the stock market look good during elections. Longby Apollo_21mil1
Has broken out⤴️Charts are looking bullish 🐂 Prices heading upwards to next fib resistance level🎯 We have mapped out where we expect prices to move🧭Longby JK_Market_Recap0
PepsiCo Beats Q1 Revenue ForecastsPepsiCo ( NASDAQ:PEP ), a multinational food, snack, and beverage corporation headquartered in Purchase, New York, exceeded revenue expectations in the first quarter of the year, driven by strong international demand for its snacks and beverages. During the January-April period, the company reported a 2% increase in revenue to $18.3 billion, surpassing Wall Street's $18 billion forecast as per the analysts polled by FactSet. Frito-Lay's revenue rose by 2% in North America, while Pepsi beverage sales increased by 1%. However, sales were impacted by the recall of Quaker Oats cereal, bars, and snacks early in the quarter due to potential salmonella contamination, which caused Quaker Foods sales to plummet by 24% during the quarter. Despite fewer products on grocery shelves in some countries, PepsiCo ( NASDAQ:PEP ) experienced 11% sales growth in Asia Pacific and 10% sales growth in Europe. Carrefour, one of Europe's largest supermarket chains, withdrew PepsiCo products from its shelves in France, Belgium, Spain, and Italy in January due to unacceptable price hikes, but the two companies resolved their pricing dispute, and Carrefour resumed restocking PepsiCo products in early April. To tackle rising ingredient costs, PepsiCo ( NASDAQ:PEP ) has relied heavily on price increases over the last two years. The fourth quarter of 2023 marked the company's eighth consecutive quarter of double-digit percentage price hikes. However, these increases moderated in the first quarter, with PepsiCo reporting a 5% global net pricing increase and a 2% decline in volumes. The company attributed some of the volume decline to a strategic move to shrink package sizes to meet consumer demand for convenience and portion control. Despite all that In premarket trading on Tuesday, PepsiCo's ( NASDAQ:PEP ) shares remained unchanged. PepsiCo's ( NASDAQ:PEP ) net earnings increased by 5.6% to $2 billion in the first quarter. Excluding special items, the company earned $1.61 per share, beating Wall Street's forecast of $1.52. PepsiCo ( NASDAQ:PEP ) stock closed at 68.58 Relative Strength Index (RSI) Monday's trading session above its respective Moving Averages (MA's)Longby DEXWireNews2
PEP new addition to long-term portfolioToday I finally added PEP to my long-term portfolio. This is a value play for me and I plan on parking a large amount of cash here over-time. I expect this to heavily out-perform money market this year. My plan is to sell this a year plus out to capture the value discount we see here. I am a very heavy buyer if we dip to 165$ here. -I like to have defensive value stocks as a large portion of this portfolio because I exposed to tremendous risk and volatility with my larger altcoin bag -This is my general barbell strategy, super high risk alts > profit take into money market/value stocks/ and quality long holds like HMDPFLongby Apollo_21mil1
PEP potential buy setupReasons for bullish bias: - Price gave range breakout Here are the recommended trading levels: Entry Level(CMP): 174.16 Stop Loss Level: 161.62 Take Profit Level 1: 186.7 Take Profit Level 2: OpenLongby TradeWithParas0
Pepsico Investment OpportunityPepsico reached a Monthly demand zone before reacting. 1) Weekly big liquidity was taken (dotted line) 2) Price Reacted and took again a liquidty in daily timeframe before braking the structure and become bullish I'm expecting the price now to continue to be bullish and reaching new highs. Downside risk 8% Upside gain 25-35%Longby EvergreenWealthAdvisor2
PEPSICO - Low Risk High Reward - BullishNASDAQ:PEP -Has been on a bull run since 1981 -Every while does a 10-20% correction, (and up to a 40% correction in case of a major economic crisis) -Always goes back up to a new all-time-high...always -Is now done about 20% from all-time-high -Prices now are the same as it was in Nov 2021 -The last time it did such a correction was in 2020 I would say it is a no-brainer for those who are looking for low-risk trades, I would go in with no stop loss even since it will find its way back up. *Not Financial Advice* Longby a_agUpdated 332
PEP (PEPSI) Is ready to RISEThere is a bullish candle and the RSI has risen sharply forming a breakaway gap and the stock is ready to rise higher on increased momentumLongby lawmuic1
Diagonals in ElliottwaveSome old and new rules when it comes to diagonals. Further notice can be added that diagonals actionary waves can be composed either by zig zags or impulses so Waves 1/3/5 can be Impulse or 1/3/5 zig zags We cant have hybrids where we mix zig zags and impulses. Actionary waves in ending diagonals can only be formed by zig zags and never Impulses. Every reactionary wave (or corrective wave) in a diagonal must be a zig zag (or a zig zag family, meaning double or tripple sharp zig zag)Educationby PK_SEND_IT229
Pepsi suffering from cereal for dinnercereal for dinner is an old concept but for a rich dude to tell us that just seems wrong. iits better than air for dinner and sleep for dessert. i digress tho, playing the down side for pepsi today into the 160ish areaShortby Glocktopi110
Pepsi Co Inc Long?Got a nice rebound off RSI oversold territory, also seems to be respecting uptrend trend line. Possible long to previous highs? Longby troublefreetradingUpdated 1
PEP Channel establshedPEP has possible outcomes 1. Remain the broader range of 157 - 180 - Good position for PCS and adding later CCS 2. Breakout upwards - likely to test next resistance 180 levelsLongby Krishm301
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 luckShortby vf_investment1
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.by DEXWireNews1
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- + testLongby MishaSuvorovUpdated 1
Can Pepsi bounce from here?Mulitple bounces inline with Fib 0.618. Nibble some for accumulation.Longby Casvanick2
PepsiCo, Inc. 🥤Daily chart with the ichimoku indicator. Price below the simple 200-day average. Cloud twist very close, caution is advised. Make up your mind.by DL_INVEST4
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.Longby space_bear2