PEP testing key resistance
PepsiCo Inc. (PEP) having recently come off long-term support, is now testing key resistance, able to absorb weekly buying pressures.
From here, (PEP) can return to long-term support, where a monthly low can be placed.
Thus, there is a two-sided framework.
Buying at long-term support in anticipation of bullish continuation over the following 5 - 6 months, or waiting for a weekly settlement above key resistance where gains of 20% would be expected over a similar time horizon.
From here, (PEP) can return to long-term support, where a monthly low can be placed.
Thus, there is a two-sided framework.
Buying at long-term support in anticipation of bullish continuation over the following 5 - 6 months, or waiting for a weekly settlement above key resistance where gains of 20% would be expected over a similar time horizon.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.