PEPSI BOUNCEA good possible bounce area for PEP with the 1) retracement, 2) support/resistance band, 3)t/l intersection.
All this analysis is a subject to Mother Market cooperation.
4PEP trade ideas
Bull Put Spread Pepsi may pull back but I don't think it will turn bearish. It would have to break through all the moving averages.
PepsiCo Getting Benefit from Equity Market and KOPEP the famous PEPSI is definitely getting benefit from the equity market and the correlation with KO so this time is a very similar scenario for both companies. Anyway target is just up to $122.22. However considering I'm not a real sugar lover, neither of Pepsi, I prefer Coca-Cola.
Have a Good Trading Week
Cream Live Trading, Best Regards!
The current position of the symbolThe current position of the symbol (support and resistance ahead)
Without forecast
DDM a chance to go long on PepsiHello guys, today I provide an analysis over Pepsi's Shares, I started applying the DDM (you can find a guide here: pages.stern.nyu.edu ) and I found out that Pepsi in underrated by roughly 17 dollar per share according to the model. Please look at the link below, read how works the model and let me know what you think by comments or PM.
Best wishes,
doc
Target in 135,16 dollar per share.
here's the analysis:
docs.google.com
