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thealecbellamy

PEP - Bull Flagging after Consolidation Breakout

Long
PepsiCo, Inc. (NASDAQ:PEP)  
thealecbellamy  
NASDAQ:PEP   PepsiCo, Inc.
Trend Analysis Chart Patterns Technical Indicators PEP
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trendanalysis chartpattern indicator pep
Been awhile since I’ve posted about PEP - Gap through consolidation to start the week off. Then the stock tagged the 143.77 resistance created in March and September, and is continuing to hold in the 140’s above the 9 day ichimoku average line, indicating a positive continued trend. Looking to close out weeklies around 147 resistance from pre-Covid timeframe. Below 142 this could be a bust. Above 143.77, jump on the train!! (In end of October calls - 145, 150 strikes)

Idées en relation

thealecbellamy
Option Play: PEP
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