PEP trade ideas
Plan Stock PEPSICO 16/08 - 01/09The three major US stock indexes opened lower, with the Dow down 1.01%, the Nasdaq down 1.1% and the S&P 500 down 1.1%. VinFast, the Vietnamese electric vehicle maker, is up more than 254% and its market value soars to $86 billion, making it the fifth largest auto stock in the world.
Most major European stock indexes closed, with Germany's DAX30 down 0.86%, Britain's FTSE 100 down 1.57% and Europe's Stoxx 50 down 0.96%. .
S&P500 Earnings Dashboard (Confirmed vs Estimates)
Good news are bad news...
I am building a personal dashboard about earnings from S&P500 Index
Here the version 0.1 with the first 20 stocks, other stocks coming soon:
www.tradingview.com
More than half of stocks beat the estimates, this is a good news....
How the dashboard works:
1. Each cell contains the ticker and the percentage of outperforming or not the estimate
2. Further statistics in the table headline, such as how many stocks are beating or not the estimates and how much.
PEPSICO Testing Lower Highs. Strong buy if broken.Pepsico Inc (PEP) has been trading within a Channel Up pattern for more than 1 year. Currently it has been rejected on the internal Lower Highs trend-line from the May 15 High. As you can see within this Channel Up, every time the price tested such Lower Highs (3 occasions), it had an initial rejection (twice to the 1D MA50 (blue trend-line)) and then broke out. On all occasions, it hit the dotted Higher Highs trend-line, just below the top of the Channel Up. The 1D RSI is on a similar pattern with all those past fractals.
As a result, we will be ready to buy after it breaks above the Lower Highs and target the dotted trend-line at 200.00.
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PepsiCo (PEP)Shares in PepsiCo, Inc. (symbol ‘PEP’) had been rallying through most of the second quarter of the year, only to revert to the downside around the middle of the quarter. The company is expected to report earnings for the quarter ending June 2023, on Thursday, 13 July before markets open. The consensus EPS is $1.95, compared to $1.86 in the same quarter last year.
“PepsiCo’s current ratio for the three months to 31 March 2023 was 0.87 (87%). This indicates that the company is not able to repay its short term liabilities with the current assets in hand, making it a not-so-safe addition in investors’ portfolios,” says Antreas Themistokleous, an analyst at Exness.
“The debt-to-equity ratio for the first quarter was 2.18, against an industry average of around 2.5. This shows the company is well positioned in terms of debt in relation to industry the average, and is not at high risk of liquidity/borrowing issues.”
Technical analysis shows the price has been trading in a slightly inclined channel for the past month while the 50-day moving average is trading well above the 100-day moving average. This indicates that the overall bullish momentum has yet to shift, despite the big correction in mid-May.
The Stochastic oscillator is not recording any overbought or oversold levels, signaling that the price could move in either direction - with no clear indication as to what that might be. $182 and $188 represent the technical support and resistance levels respectively, coinciding as they do, with the 50% and 23.6% daily Fibonacci retracement levels.
Shares in PepsiCo, Inc. (symbol ‘PEP’) had been rallying through most of the second quarter of the year, only to revert to the downside around the middle of the quarter. The company is expected to report earnings for the quarter ending June 2023, on Thursday, 13 July before markets open. The consensus EPS is $1.95, compared to $1.86 in the same quarter last year.
“PepsiCo’s current ratio for the three months to 31 March 2023 was 0.87 (87%). This indicates that the company is not able to repay its short term liabilities with the current assets in hand, making it a not-so-safe addition in investors’ portfolios,” says Antreas Themistokleous, an analyst at Exness.
“The debt-to-equity ratio for the first quarter was 2.18, against an industry average of around 2.5. This shows the company is well positioned in terms of debt in relation to industry the average, and is not at high risk of liquidity/borrowing issues.”
Technical analysis shows the price has been trading in a slightly inclined channel for the past month while the 50-day moving average is trading well above the 100-day moving average. This indicates that the overall bullish momentum has yet to shift, despite the big correction in mid-May.
The Stochastic oscillator is not recording any overbought or oversold levels, signaling that the price could move in either direction - with no clear indication as to what that might be. $182 and $188 represent the technical support and resistance levels respectively, coinciding as they do, with the 50% and 23.6% daily Fibonacci retracement levels.
PEP PepsiCo Options Ahead of EarningsIf you haven`t bought PEP here:
or sold it here:
Then analyzing the options chain of PEP PepsiCo prior to the earnings report this week,
I would consider purchasing the 180usd strike price Calls with
an expiration date of 2023-7-14,
for a premium of approximately $0.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
PEP Entry, Volume, Target, StopWhen price clears: 196.88
With daily volume greater than 2.95M and greater than 20 day average.
Target: 208 area
Stop: Depending on your risk tolerance; 193.19 gets you 3/1 Risk/Reward.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
PepsiCo: Thirst for More 🥤PepsiCo is thirsty for more, heading upwards and striving for the green zone between $195.83 and $212.31 purposefully. Soon, the share should reach its goal and complete wave (I) in white. Afterwards, it should rebound from the upper edge of our pink trend channel and start an extended downwards movement, leaving the pink trend channel on the southern side and dropping below the support at $155.11. There is a 34% chance, though, that PepsiCo might finish wave alt.3 in green in the green zone instead and stop the descent above the support at $155.11. In that case, it should conclude wave alt.4 in green at this level and turn upwards earlier already.
BUY PEPSII'am long on PEPSI from 171, i think that it will break the trendline and pump, MACD good, also RSI and other indicators.
although I consider pepsi an overrated stock, on the other hand this was, at 171$ a pretty long scenario that could make a 10% profit.
:) comment and tell me your idea about this
PEP - Breakout Ceiling of Rising Trend Channel- PEP has broken up through the ceiling of the rising trend channel in the medium long term, which signals an even stronger rising rate.
- The stock has also broken a rectangle formation.
- A decisive break of the resistance at 191 will signal a further rise to 218 or more.
- In case of a negative reaction, the stock has support at approximately 178.
- RSI above 70 shows that the stock has strong positive momentum in the short term.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
Pepsi has had an impressive move into resistance. A pullback in Pepsi is likely to occur.
XLP has been one of the best performing sectors YTD.
Pepsi has completed a measured move into resistance.
A massive deviation away from the mean should cause some profit taking in Pepsi.
If you look at the price of Sugar soaring recently this should eat into Pepsis margins moving forward.
PEP PepsiCo Options Ahead Of EarningsIf you haven`t bought PEP here:
Then analyzing the options chain of PEP PepsiCo prior to the earnings report this week,
I would consider purchasing the 185usd strike price Calls with
an expiration date of 2023-5-19
for a premium of approximately $3.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them, I expect a retracement afterwards.
I am interested to hear your thoughts on this strategy.