Short
PEP Short Weekly
Pepsi had a volatile week after earnings and there
was heavy selling on Friday. They missed on revenue
from the streets estimate. Pepsi is impacted by volatility in the
Emerging markets and currency valuations. The Awesome
Oscillator now is showing a clear saucer sell with price well
below the Alley-gator, blue line. I expect an increase of selling pressure
long term.not to mention a double top on the weekly
was heavy selling on Friday. They missed on revenue
from the streets estimate. Pepsi is impacted by volatility in the
Emerging markets and currency valuations. The Awesome
Oscillator now is showing a clear saucer sell with price well
below the Alley-gator, blue line. I expect an increase of selling pressure
long term.not to mention a double top on the weekly
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.