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
PEP trade ideas
PEPSI pay attention to this correction for longHi traders:
PEP also falls on my mid/long term watch for equities buy.
We see price dropped sharply from mid February, and strong bull impulse up.
Price then begin to form a larger continuation correction structure, giving us a good potential opportunities for more buy.
Currently this structure is not complete yet, I would wait for price to tag the bottom of the structure and observe for reversal indication,
or price breaks out of this large correction and in this case I will wait for smaller continuation correction to go long.
Thank you
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.
I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have. Feel free to shoot me a DM or comment below to start a conversation! DM me to get these charts and my ideas before anyone else!
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 - 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.
The symmetrical eyeball pattern?.. lol. Next leg up in PepsicoPattern names always make me laugh. I had a conversation with a friend that asked why I bought a stock that did well last week.
A part of me wanted to give an interesting answer because that's really what he was looking for. People always want to be sold on a fascinating idea and outwit everyone else.
I explained that I didn't really know the fundamentals of the company. I instead pay attention to two main things:
How the market buys or sells a stock (any asset) in over what period of time , and how the asset reacts to the buying and selling . He didn't understand, so I just said there was a tight ascending triangle above a symmetrical rectangle. He thought I was trolling.
Patterns are just an expression of market behavior.
Back to the eyeball pattern (not a real pattern name fyi)... Pay attention to symmetry - symmetry in markets (in price and time) increases the probabilities.
Execution :
- Wait for a daily breakout above the blue or find an aggressive position in anticipation of the breakout.
Entry: Long the September 18 140 and 145 calls. Pepsico is a low vol stock so options are a good way to leverage a good set-up for a good profit.
Exit: Sell the 145 call if/when price hits 144.20 before September 18. Hold the 140s until expiration or a sell signal appears on the daily after the stock hits 144/145.
Risk under 135.
Price of the 140s are $2.07 finance.yahoo.com
Price of the 145s are $.70 finance.yahoo.com
For traders new to options, this could be a good exercise for you to follow.
PEPSI Looking for the next buy up
Hello traders:
Looking at PEP for more upside potential.
We see the price has made a sharp move down from the Covid, and quickly had a reversal bullish impulse up.
Price begin to form this larger structure, good signs for continuation.
Latest price action see a breakout from this structure and forming lower time frame correction.
I would like to see how the price develop here in the up coming days in the NY sessions to look for the buy.
Thank you
