PEP has breached the resistance highs to move slightly up to a new all-time high. PEP is one of the few Index Components that has a new high at the end of August. PEP must now hold on to these gains and not slip back down into the Trading Range. Early September price action will define whether this breakout holds.

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breakoutCandlestick AnalysisChart PatternsgainshighsindexcomponentsnewalltimehighPEPpepsicotradingrangeTrend Analysisupside

Martha Stokes, CMT
ttrader.im/tv-candlesticks

Learn how to use the technical patterns of each market participant for better trade planning.
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