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09Jan

Pepsico Inc., Elliott Wave Technical Analysis 09 January 2023

Alessio Barretta |09 Jan, 2023 | 0 Comments | Return|

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Pepsico Inc., Elliott Wave Technical Analysis 09 January 2023

4 Hour

Pepsico Inc., PEP: 4-hour Chart, January 9 2023,
Pepsico Inc., Elliott Wave Technical Analysis
PEP Stock Market Analysis: Looking for upside confirmation with a break of wave (b) which could also trigger longs.
PEP Elliott Wave count:  Wave (i) of {iii}.
PEP Technical Indicators: 20 and 50EMA crossing.
PEP Trading Strategy: Looking for longs on the break of the top of wave (b).


Daily

Pepsico Inc., Elliott Wave Technical Analysis
Pepsico Inc.,(PEP:NASDAQ): Daily Chart, January 9 2023,
PEP Stock Market Analysis: Looking for further upside into wave {iii}. We either completed the correction after the leading diagonal or else we will be correcting lower into a double correction.
PEP Elliott Wave Count:  Wave (c) of {ii}.
PEP Technical Indicators: 20EMA acting as resistance.
PEP Trading Strategy: Looking for longs if upside is confirmed.

 

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