What about a triangle?Probably too early to tell but a breakout from the triangle and a measured move upwards would take us to the 131 area and give us some short term gain.
PEPS trade ideas
Pepsico, Inc (PEP)(NASDAQ) Sell $126.18 >>> Target $123.72NASDAQ:PEP
Pepsico, INC
Stock - NASDAQ (USA)
Expanding or Reverse Symmetrical Triangle (Short Signal)
Profit:Risk = 2:1
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Sell Stop (Sell) = $126.18
Take Profit = $123.72
Stop Loss = $127.39
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Take Profit = +1.94%
Stop Loss = -0.97%
PEPSI break out above MassiveTriangle!PEP has been forming a large ascending triangle that has been in play for over a year. PEP just broke out of the triangle recently so watch for the brief consolidation and bounce on upper trendline of triangle around $122 for confirmation of the new price target from triangle at around $135-$145.
PEP releasing earning today! PEP is one of the name releasing earnings today . During after-hours the stock consolidated above 121.88 level (13 periods eMA) with more then 800k shares and would be nice to see price action getting above 124 to let presume a consolidated move above all time high marked on April the 15th. Another possible scenario would be a consolidation in pre-market below 121.88 presuming a move down to 118.46 eMA 50 periods
$PEP Pepsico has out-thought COKE, less calories More $$$$$$The COLA challenge has been won by PEPSICO by diversifying away from COLA, into snacks and other carbonated refreshments. Did PEP see the writing on the wall for sugary drinks before COKE or did the not let pride get in the way of progress?. Pepsico has stolen ground on competitors by the diversification it has set in place through fabulous acquisitions into markets previously untapped. It is arguable whether some of these products are health conscious but the have of the perception of been so. Although indicators point towards downward price action, we look at this from a fundamental perspective and will be long into earnings.
PEPSICO - Sell OpportunityThe price reached a resistance zone between 122.00 and 123.00 level, and we got a reversal. RSI confirms the price reversal and gives a bearish signal from the overbought zone. MACD supports a possible downward movement. DMI is bullish and confirms the uptrend, but ADX line starts falling. It tells us that bulls are not so strong now and the market can begin a correction movement.
If the price breaks the local uptrend line, we should be ready to see the falling to one of the possible support levels or Moving Averages with 100 and 200 periods.
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 $
$PEP Bullish We played the breakout perfectly, now looking at a bullish 20/50 ema cross incoming which could propel this stock to 117+
Bear Flag!!!As you can see PEP broke down from long trend line, back tested it twice and failed. Now in process of another leg down from the Bear Flag..... It should play out in the next 10-15 Trading days. Break bellow $108 will confirm it.
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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Pep bounce of 200 SMA and strong supportI don't really know what this will do long term but I feel like this is bouncing off the ultimate support. I'm thinking this will bounce enough to play long before it either rolls over and breaks support, or just channels for a bit.
[PEP] phase 2The price is over the 30MM. The risk/reward is 0.36, and a think the price will bounce (2.81% vs. 7.81%) and break de the resistant. The slope of 30MM is positive. I think it is in phase 2.
PEP (pepsico Inc) on a Support 180day Watch out PEP for a reversal , likely to show a horizontal pattern . 180-chart shows its on a uptrend just wait for the confirmation of reversal
