Pepsico Inc.,(PEP:NASDAQ) Elliott Wave Technical Analysis September 26 2022
Pepsico Inc., Elliott Wave Technical Analysis
Pepsico Inc.,(PEP:NASDAQ): Daily Chart,September 26 2022,
PEPStock Market Analysis:It has moved as predicted from the last forecast. However as I cannot see five waves from the last move to the upside, I have reasons to believe we will get another corrective leg.
PEP Elliott Wave count: {b} of 2.
PEPTrading Strategy:Looking for short off the end of wave (c) of {b}.
PEPTechnical Indicators:200EMA acting as support.
TradingLounge Analyst: Alessio Barretta
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Pepsico Inc.,PEP: 4-hour Chart,September 26 2022
Pepsico Inc.,Elliott Wave Technical Analysis
PEP Stock Market Analysis: Looking for wave (c) to reach the point of control up where wave (b) of {a} is.
PEPElliott Wave count: (b) of {b}
PEP Technical Indicators:The EMAs are crossing, which is often times a sign of reversal.
PEPTrading Strategy: Looking for a short term long to trade wave (c) of {b}.
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