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Pepsico

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.
NASDAQ:PEPLong
by Bigsky_Crypto
Pepsico Buy IdeaD1 - Special Cycle completed, we have double waves down and price reached an extreme zone. We can look for buys with the breakout of the most recent trend line. H4 - We have multiple cycles, all cycles are reaching towards the same magnet zone. Now we need to look for confirmations of bullish reversal in the form of false breaks, breaks above highs, trend line breakouts. H1 - We have bullish divergence. Conservative approach would be wait for the breakout of the last high and then look for buys.
PShort
by VladimirRibakov
PepsiCo, Head & Shoulders pattern and support breakout analysisThe stock has completed a short-term head and shoulders pattern. The price is consolidating and preparing for the next move. It has also broken a support level with high bearish volume and it's going to retest the 110.60 level. If/When the price is gonna swing, the minimum bullish target is around 118. The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
P
by UnknownUnicorn1249598
3
PepsiCo’s Second Quarter Profits Outshine ForecastsPepsiCo Inc. NYSE:PEP has recorded second quarter profits of $15.395 billion, ahead of the average analyst estimate of $15.37 billion. One of the spin offs of this is that the company’s stock prices have been moving in the right direction, reaching an all-time high of $109 per share on the NYSE on the evening of June 6, 2016. Earnings per share ended at $1.35, also ahead of analysts’ forecast of $1.30 per share. Investors are no doubt happy about this and the management of the company expects performance to continue along this positive trend, all other things remaining equal. In light of these expectations, the company has adjusted its expected earnings per share for 2016 from $4.66 up to $4.71 per share. Several factors have contributed to PepsiCo’s performance including a 6% drop in the cost of sales during the quarter ended June 11, 2016. The decreased cost of potatoes which the company uses in its Frito Lay products, has contributed significantly to this. In addition, sales from the Frito Lay line of business grew by as much as 3% while the north American beverage unit recorded a 1% increase in revenues for the quarter. While Brexit has affected other companies negatively, the impact has not been quite as pronounced for PepsiCo. In fact, the organization is somewhat shielded from the possible effects of Brexit considering that the potatoes that are used in the making of British Walker Chips, are locally grown. Furthermore, consumers in the developed countries have generally found PepsiCo’s products to be quite affordable and management does not expect Brexit to have a huge negative impact on sales. PepsiCo expects to see better beverage performance results during the balance of the year as it expects to launch several new innovative beverages this year. During the last 5 years, the company has invested heavily in research and development of differentiated products. The focus will be on expanding the range of beverage product offerings, moving away from diet sodas into healthier choices to capture a wider consumer base. Click Here For Subscription To Our Free Weekly Newsletter
PLong
by Alpha7Trading