PEPD trade ideas
Cup and HandleThis is not a yearly cup and handle and there may be resistance if PEP makes it to the old high of 148.77. If Price makes it past here, then it would definitely be a plus.
Trying to break long entry level for the cup. Old resistance can be tough. I am taking this one one step at a time.
Not a recommendation
Support at handle low or last pivot low.
🥤PEP Price Target Low 142's 🥤🔸 Long above 139.70's PT @141, 142.1, 143.4
🔸 Short under 137.60's PT @135.7, 135, 134.6
PEP failing to hold above 139.70 should pullback back down to the trendline or 137.60's. Play invalidated breaking and holding under 137.60's.
**WAIT FOR CONFIRMATION BEFORE ENTERING A POSITION**
PEP bounce for the week of 02/22/2021PEP has been trending down since the beginning of this year, and is currently skirting along the bottom of the channel after an earnings miss earlier this month. The current RSI value at around 25 on the hourly timeframe places PEP firmly within oversold territory. Given PEP is currently oversold and resting on a historical support line, a move back up to the 135 resistance is likely and a breakout to 140 is possible, though rejection at either the 135 resistance or the top of the channel could signal a continuation of the broader downward trend.
Pull Back FishingPossible stop under C.
Earnings are 4-15 BMO
PEP appears to be trading in a Bull Shark pattern. The second peak is higher than the first, and only the cypher pattern and the shark pattern have this characteristic. The shark is labeled OXABC verses XABCD. It is known to be volatile. BC leg extends beyond O by 113% of the OX leg.
If this goes under 128.32, then it may not be a bull shark pattern. And then again, the landing pad can be volatile. Plus, any pattern can fail.
The BC leg compares to the CD leg in the other harmonic patterns. It is the last leg.
This one looks good because a stop can be close by if you get a good entry(o:
This one has been a bit stuck I guess you would say. It is not moving down or up very far at all. But in the past, PEP is not a super volatile stock. It is not a "rocket stock" as a rule. It is probably considered to be in the defensive category by most. Good dividend and just usually a good stock to have in your basket (o:
Not a recommendation
PEP (NASDAQ) - Be CarefullGreetings
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Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
PEP (NASDAQ) - Be Carefull
$PEP with a neutral outlook following its earnings #Stocks The PEAD projected a neutral outlook for $PEP after a negative under reaction following its earnings release placing the stock in drift D
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PEP opportunity as a long-term buy-and-hold and swingtl;dr Pepsico Inc (PEP) is significantly undervalued as a long-term buy-and-hold stock and also has swing potential.
Downside:
"Boomer" dividend stock
Competition across key businesses (Frito Lay, Quaker Foods, and Pepsi Beverage)
Seeking Alpha's authors and quants are neutral
Upside:
Dividend Aristocrat (paid and increased their base dividend every year for 25+ years)
Net revenue and operating profit have increased consistently from 2018-2020 (page 58)*
TipRanks 8 Analysts put median price at $152.50, about 15% higher than $133.05 close on Fri Mar-12, 2021
*Sourced from Pepsico's 10-K for fiscal year ending Dec-26, 2020.
Technicals:
$133.05 close on Fri Mar-12, 2021 is below the 200 unit SMA of $136.70
RSI below 60 for majority of the last 4 weeks
MACD histograms between -0.1 and +0.4 for the last week of trading, appears to be at "support"
Conclusion
Pepsico is trading at a ~10% discount to recently-observed highs in the $145 to $148 range (December 2020) and ~15% discount to median Analyst price target of $152.50. Price trend has found support around $133. This is a good opportunity to pick up a Dividend Aristocrat that will also appreciate as a swing trade.
💡$PEP 🥤 breakout of bearish price channel?💰+10%🏌️♂️📚Pepsi has been trading downwards since mid-December. There is strong price support at $128. Price may continue to to the $128 level, break out of its bearish channel and retest the $143 level. Watch for a breakout of the bearish price channel. NASDAQ:PEP
PEP 09-03-2021 LongAsset and Time frame -PEP,4H daily
Entry Price -133.50
Exit(Stop Loss) -130.84
Exit(Take Profit) -143.24
Technical Analysis -Pepsi has been going down for awhile and now it has reached the daily -61.8 Fibonacci level and closed with a good bullish engulfing candle plus some decent volume, I entered the position risking 0.75% instead of 1% because of the market conditions, stay safe :)!
Good luck
Long PEP @ 132,66 on STOPNASDAQ:PEP
Buy breakout of 22.02.21 high on STOP @ 132,66.
1. 6M VAL reached
2. If ticker holds above 132,32 - POC is accepted and upward auction starts
3. If ticker breaks 132,66 and closes the day of break with bullish body then middle term swing low has been formed.
All three factors makes chances slightly above 50% for getting up and worth gettin long on breakout.
Sell out if PEP breaks below 130.
Targets: 135-140.
Pepsi I know they say don't revenge trade....but I don't follow society. Tired of missing out on my own markups.....I took myself out of a call a few weeks ago. I just feel it on this one. Can't really explain it. I have an itch for this one. Could still be wrong....
Like, Follow, Agree, Disagree!
What do you think!
Details in photo!
Strike Price: $139- $147
My option expires April 16th.
PEP (Pepsico Inc.) - Overall bullish for quarterly periodPepsico Inc.
PepsiCo, Inc. is the manufacturing, marketing, and distribution of grain-based snack foods, beverages, and other products. It's driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages. It distributes its products through direct-store-delivery and customer warehouse systems, as well as third-party networks.
Analysis/Commentary
Strong Sales Growth Y-on-Y & Improving EPS
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has given price move to the downside
- Overall sentiment is Bullish
- Potential for further downside to BASE
- Expectation for the price to move to MID or HIGH point
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
