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Pepsico Inc.(PEP:NASDAQ) Elliott Wave Technical Analysis September 14 2022
@TradingLounge：
Pepsico Inc., Elliott Wave Technical Analysis Pepsico 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 Barretta Pepsico Inc.,TTD: 4-hour Chart, September 14 2022 Pepsico 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}. PEP Technical Indicators:There is no reason to support any bullish scenario at the moment as we stand below all averages. PEPTrading Strategy: Looking for downside continuation on the shorter time frames.
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