PEPSICO FORECAST - PEP -PEPSILooks good for longs in this area below green, stoploss below white targets are lines above - this is not financial advise. dont blindly follow these trades they are for record keeping only.
PEP trade ideas
Pepsi Breakouttrade
Entry: Closing price above 147.20$ in combination with a high volume
Stop: 143$
Stopmanagement: ATR Stop daily chart default settings
Description: The price is approaching a significant resistance level which already happened in late 2020 where it was rejected from it. Although it closed above it the low volume indicated a false breakout. The trade will be entered if we close above the resistance level in combination with a high volume.
Cup and HandleHandle low (HL) and MidCup are very close (MC) so there should be a lot of support in this zone.
No recommendation
3 Black Crows is a bearish candlestick pattern. They can appear when price is moving up. Candles 2 and 3 should open within the body of the prior candle so they have some overlap. All 3 should close near their low, making new lows along the way.
This pattern followed a 3 Outside Down candle pattern which is also bearish.
Traditional|PEP|Long and shortLong and short PEP
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
Working out the support and resistance levels of the consolidation zone.
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
The breakdown of the upper blue zone - long.
Breakdown of the lower blue zone - short.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Blue zones - activation zones.
Green zone - take zone.
Red zone - stop zone.
Orange arrows indicate the direction of the take.
Red arrows indicate the direction of the stop.
Priority - The value of the priority parameter implies the author's subjective opinion about the more likely activation zone on this idea, this does not mean that this idea will be 80% activated by this parameter, the purpose of the parameter is to provide for the risk of the inverse of the zone parameter.
Example: "Priority Long: So the author inclines more in the direction of the activation zone open long trades, in this case, when reaching the activation zone in short you should be very careful, because this area may be highly likely to be punched about the breakdown/do not get to take/activate transaction from go to stop."
Please consider this parameter if you use my ideas.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
$PEP with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PEP after a Positive under reaction following its earnings release placing the stock in drift A
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PEP: Lining up for a break out at 142.35
Earnings reporting in two days and share prices are on the verge of breaking the resistance trend line as indicated on the chart.
The major levels to the upside are around 143.46, 144.16, 145.25, 147.00, 148.00.
Support : 142.35, 14167, 140.56, 139.88, 138.77, 138.00, 136.98
Cup and HandleThis is not a yearly cup and handle and there may be resistance if PEP makes it to the old high of 148.77. If Price makes it past here, then it would definitely be a plus.
Trying to break long entry level for the cup. Old resistance can be tough. I am taking this one one step at a time.
Not a recommendation
Support at handle low or last pivot low.
🥤PEP Price Target Low 142's 🥤🔸 Long above 139.70's PT @141, 142.1, 143.4
🔸 Short under 137.60's PT @135.7, 135, 134.6
PEP failing to hold above 139.70 should pullback back down to the trendline or 137.60's. Play invalidated breaking and holding under 137.60's.
**WAIT FOR CONFIRMATION BEFORE ENTERING A POSITION**
Pepsi back above the 200EMANASDAQ:PEP
NASDAQ:PEP is back above the 200EMA. I would like to see the 50EMA go back above the 200EMA as well. But for now, it remains a good dividend stock.
Pull Back FishingPossible stop under C.
Earnings are 4-15 BMO
PEP appears to be trading in a Bull Shark pattern. The second peak is higher than the first, and only the cypher pattern and the shark pattern have this characteristic. The shark is labeled OXABC verses XABCD. It is known to be volatile. BC leg extends beyond O by 113% of the OX leg.
If this goes under 128.32, then it may not be a bull shark pattern. And then again, the landing pad can be volatile. Plus, any pattern can fail.
The BC leg compares to the CD leg in the other harmonic patterns. It is the last leg.
This one looks good because a stop can be close by if you get a good entry(o:
This one has been a bit stuck I guess you would say. It is not moving down or up very far at all. But in the past, PEP is not a super volatile stock. It is not a "rocket stock" as a rule. It is probably considered to be in the defensive category by most. Good dividend and just usually a good stock to have in your basket (o:
Not a recommendation
PEP (NASDAQ) - Be CarefullGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
PEP (NASDAQ) - Be Carefull
$PEP with a neutral outlook following its earnings #Stocks The PEAD projected a neutral outlook for $PEP after a negative under reaction following its earnings release placing the stock in drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
PEP opportunity as a long-term buy-and-hold and swingtl;dr Pepsico Inc (PEP) is significantly undervalued as a long-term buy-and-hold stock and also has swing potential.
Downside:
"Boomer" dividend stock
Competition across key businesses (Frito Lay, Quaker Foods, and Pepsi Beverage)
Seeking Alpha's authors and quants are neutral
Upside:
Dividend Aristocrat (paid and increased their base dividend every year for 25+ years)
Net revenue and operating profit have increased consistently from 2018-2020 (page 58)*
TipRanks 8 Analysts put median price at $152.50, about 15% higher than $133.05 close on Fri Mar-12, 2021
*Sourced from Pepsico's 10-K for fiscal year ending Dec-26, 2020.
Technicals:
$133.05 close on Fri Mar-12, 2021 is below the 200 unit SMA of $136.70
RSI below 60 for majority of the last 4 weeks
MACD histograms between -0.1 and +0.4 for the last week of trading, appears to be at "support"
Conclusion
Pepsico is trading at a ~10% discount to recently-observed highs in the $145 to $148 range (December 2020) and ~15% discount to median Analyst price target of $152.50. Price trend has found support around $133. This is a good opportunity to pick up a Dividend Aristocrat that will also appreciate as a swing trade.
