PEP trade ideas
PEP - Blue Sky MoonshotPEP is another ticker that is looking to break out from it's one month long consolidation pattern. Beautiful set up here with next price target at 159-160. The volume and OI on the 1/15/21 150c look great at around $170-$200 a piece. Trigger to go long could be on confirmed break of ATH, have your alerts set on this one!
Preferred Contracts: 1/15/21 150c
PEPHas that "I just want to explode to $160" look. Like it above the 5 week moving average, love it above $148.
PEPSI-CO video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: PEPSI is sitting around strong supply in blue and all-time-high so we will be looking for sell setups on lower timeframes.
on H1: PEPSI formed an objective trendline in red so we are waiting for a new swing to form around it to consider it our new trigger swing.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
Pepsi for potential new high since CovidSeen in green is support with a huge drop because of covid in march.
Seen in red is the resistance but we could see it break the resistance and set a new high for pre-covid.
Giant Ascending Triangle for Pepsi?Pepsi appears to be trading in an ascending triangle drawn in blue, but additionally, there's a noticeable inverted H&S, the blue head icon represents the head, and the two dark green lines are the shoulders.
I have placed a blue finger on the KST to represent a bullish cross.
On the RSI there appears to be a descending channel & potentially a triple bottom where I have placed the three blue fingers.
PEP LongPEP calls above 147.8 (break of ATH) are valid, otherwise a retracement and hold of the bottom trendline should be a more optimal entry.
Option Play: PEPStock closed above key consolidation level at 143.77 on Friday. Stock tried to break through this level 3 times before finally breaking through and closing above for confirmation on Friday. We will see 147.2 shortly for an ATH kiss, and if momentum is strong enough, it could blow right through. Solid rally all together for the market on Friday afternoon helped push this one to confirm the close. Look for a green cloud to form up on the right as the price pulls up - setting up for a gap Monday or Tuesday, maybe Wednesday. Sitting in 147c for 11/20 expiration, and the 150c for 11/27. Good luck if you play!! 147 is my first 🎯 and then I’d base a larger rally on if the market is strong or not. Look for potential stimulus relief talks. In a scenario as such, we could see 155-160. Don’t hold onto calls too long, take profit and leave a runner or two.
PEP - Bull Flagging after Consolidation BreakoutBeen awhile since I’ve posted about PEP - Gap through consolidation to start the week off. Then the stock tagged the 143.77 resistance created in March and September, and is continuing to hold in the 140’s above the 9 day ichimoku average line, indicating a positive continued trend. Looking to close out weeklies around 147 resistance from pre-Covid timeframe. Below 142 this could be a bust. Above 143.77, jump on the train!! (In end of October calls - 145, 150 strikes)
Pepsi trading with a Neutral outlook$PEP is trading on the higher boundary of the projected PEAD with the EPS projecting a neutral outlook for this stock
PEPSI 1 DAYPrices might be currently forming lower highs on to its way to the top as it has an upward bias based on moving averages
PEPThink this could see an ugly move to the downside if it doesn't break above this range soon. Watching.
PEP ER tonight. I believe the gap will be filled tonight.
My trade is a 10/2 135/134 Put debit spread
PEP is a BUY - Small Risk, High RewardI beleive PEP is a spy before earnings. I initiiated a position last week and provided my trade pla on the chart.
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PEP - buy support zones analysisHello traders,
Description of the analysis:
PEPSICO ( PEP ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
$PEP finally breaking out of its consolidationThis has been on my watchlist for more than a month now.
Finally broke out of its trading range and target is ATH of $147
PEP - Weekly Consolidation BreakoutStock finally broke out of the weekly consolidation between 127 and 138.7 and is currently back resting the breakout. The stock price found support at the top of the consolidation. Let’s see if we can continue this breakout moving forward. Blue target first, green second, red third. Stock may go through a target easily, but be prepared to trim and take profit as you deem necessary based on your risk portfolio.
