PepsiCo (PEP) Analysis

The price is approaching a strong support zone at $145–$150, which has acted as a key resistance in 2020 and a reliable support level during 2022–2023. This zone could trigger a bounce, but much will depend on the upcoming earnings report on February 4th. A positive report might drive a rebound toward $160 or higher, while disappointing results could lead to a breakdown toward $130. Monitor price action closely near the support zone and wait for bullish confirmation before making any moves!