Pepsico LongAs you can see from the chart the price has respected the trend lines on the weekly chart ( the blue and purple arrows ) the price temporarily broke out the trend line, and then broke back into it and bounced of the bottom trend line, so we are going long.
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Pepsi
PEP - Possible Bullish Swing TradeHere is a bullish swing trade that I may take if PEP moves over the next several days as I would like it to. What I see on the daily chart is a double bottom followed by a breakout of the double bottom neckline and now the price has pulled back to re-test the neckline. What I want PEP to do over the next few days is to form an S-Curve like the blue line I have drawn. It is still too early to set an entry or stop but hopefully, they can be set sometime next week.
Here is the hourly chart where you can get a better look at the double bottom, the breakout, and the re-test.
PepsiCo Getting Benefit from Equity Market and KOPEP the famous PEPSI is definitely getting benefit from the equity market and the correlation with KO so this time is a very similar scenario for both companies. Anyway target is just up to $122.22. However considering I'm not a real sugar lover, neither of Pepsi, I prefer Coca-Cola.
Have a Good Trading Week
Cream Live Trading, Best Regards!
DDM a chance to go long on PepsiHello guys, today I provide an analysis over Pepsi's Shares, I started applying the DDM (you can find a guide here: pages.stern.nyu.edu ) and I found out that Pepsi in underrated by roughly 17 dollar per share according to the model. Please look at the link below, read how works the model and let me know what you think by comments or PM.
Best wishes,
doc
Target in 135,16 dollar per share.
here's the analysis:
docs.google.com