Pepsi Ahead of earnings
Pepsi reports earnings tomorrow morning.
Based off the bearish consolidation, its looking likely that Pepsi can fall lower on maybe a bad earnings or weak forward guidance.
The trading play that we are watching is a gap down into support and then buying Pepsi as a long. This will be a day trading level we will be looking for.
Based off the bearish consolidation, its looking likely that Pepsi can fall lower on maybe a bad earnings or weak forward guidance.
The trading play that we are watching is a gap down into support and then buying Pepsi as a long. This will be a day trading level we will be looking for.
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