PepsiCo Inc. (PEP)Still waiting the completation of the pattern in progress. The company is a "buy and hold", but there must be a reasonable buy, that we belive in area 100-105 dollars. This high quality and low Beta (0.75) share has an interesting dividend yeld of 3.4% and a solid financial position, that could be more desirable as a "safe heaven" in times of market turmoil.
Total debt: 35.1 bilions $
Total profit 2017: 7.5 bilions $
PEPD trade ideas
Pepsi shares: short opportunityOn the hourly chart of the instrument, with high probability, the price is starting the fifth Elliott wave of a bearish period. Also, a sell fractal was formed below the MA`s of Alligator indicator. Going short if we break its level. SL and TS levels are marked on the chart.
PEP I'm not a Pepsi loverPepsico is looking to go higher, but I'm wondering for how long? The answer is: within a week this stock should start to move... down.
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Chips-and-Soda giant PepsiCoThis uptrend says "Buy ME! Hurry up and Buy ME!"
The strong uptrend can make you money, the dividend will be your small surprises every Q. so why not to buy it? If you want to read the fundamental analysis check the SeekingAlpha PeP profile, or Google it to know more. I'm sure the company could hit new highs in the 2019 after acquired SodaStream.
What's interesting on the card?
1Week TF.
1 Month TF.
Conclusion. I feel this stock can continue the way to the sky, but everything can happen, so don't forgot about stop-loss!
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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$PEP Pepsi - Overbought at Resistance$PEP Pepsi looking over-extended meeting resistance around $116.50 today, with what looks like a nice reversal candle forming.
Expecting a price correction in the very near term to the $110-$112.50 area. A couple gaps left open below to possibly fill.
I could see it going as low as $108 with this pull back, but that may depend on overall market conditions.
Note: this will most likely be a temporary move, longer term trend does appear bullish.
Note: Observation/opinion, not investment advice.