Pepsico Inc.(PEP:NASDAQ) Elliott Wave Technical Analysis September 14 2022
@TradingLounge:
Pepsico Inc., Elliott Wave Technical AnalysisPepsico Inc.,(PEP:NASDAQ): Daily Chart, September 14 2022, PEPStock Market Analysis:Moving as expected from the previous forecast. Looking at this point for a potential pivotal point to be found within a few days.PEP Elliott Wave count: {c} of 2.PEPTrading Strategy:Waiting for a bottom in place for wave 2 and upside resumption.PEPTechnical Indicators:We past the point of control, however we have strong volume slightly below of where we stand now.TradingLounge Analyst: Alessio BarrettaPepsico Inc.,TTD: 4-hour Chart, September 14 2022Pepsico Inc.,Elliott Wave Technical AnalysisPEP Stock Market Analysis: Perhaps we are just in wave (iii) of {c} therefore I would be expecting further downside.PEPElliott Wave count: (iii) of {c}.