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Pepsi has had an impressive move into resistance.
PepsiCo, Inc.
Short
Pepsi has had an impressive move into resistance.
By Trading-Capital
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Apr 28, 2023
2
Apr 28, 2023
A pullback in Pepsi is likely to occur.
XLP has been one of the best performing sectors YTD.
Pepsi has completed a measured move into resistance.
A massive deviation away from the mean should cause some profit taking in Pepsi.
If you look at the price of Sugar soaring recently this should eat into Pepsis margins moving forward.
Chart Patterns
inflation
pepsi
QQQ
SPDR S&P 500 ETF (SPY)
staples
Trend Analysis
XLP
Trading-Capital
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