PepsiCo Trading Analysis (04/04/2025)
The trend is downward. The stock is trading in the range between 365 and 135 EMAs. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator also signals the bearish divergence. The upward wave structures are truncated.
Trade idea:
- Sell at the beginning of the formation of the bearish wave structure, when wave A breaches 150.80 (pivot 2 of the main bearish truncated structure).
- Stop-Loss at 154.42.
- Price targets at 146.55 and 144.87.
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