Technician

Pepsico: Awaiting A Breakout Signal

Short
NYSE:PEP   None
4
The price is testing a major support around 78.30, which is also a neckline for a double top formation, a break below this support will probably signal more medium term downside. I projected the potential path for the stock if it manages to break that support.

twitter.com/thefxchannel
thefxchannel.com Your input is valuable, please visit this page and vote in the provided poll. Appreciated.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.