PepsiCo, Inc.
Long
Updated

$PEP $150 retest

62
Hi, liking PEP here for a retest of mental price $150. PEP is at 4 year lows, was at four year lows and bounced twice off $141 zone. Short term $150c could be a play here for April expiration but also could be patient and see if it retests the supply zone of $140. This is on watch. Just acquired Poppi brand as well. Overall it could be forming a rising wedge, not definitive on that thesis just yet, though.
NFA

WSL
Trade active
TARGET REACHED $150. One runner.

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