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2022-11-12

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Pepsico Inc.(PEP:NASDAQ) Elliott Wave Technical Analysis November 11 2022

@TradingLounge：

Pepsico Inc., Elliott Wave Technical Analysis Pepsico Inc., (PEP:NASDAQ): Daily Chart, November 11 2022, PEP Stock Market Analysis: Looking for five subwaves within wave {i} of 3. It looks like wehave further upside left into wave (v) as we start to move sideways for wave (iv). PEP Elliott Wave Count: Wave (iv) of {i}. PEP Technical Indicators:Using the 20EMA as support. PEP Trading Strategy:Waiting for wave {ii} to place long term longs. TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here! Pepsico Inc., PEP: 4-hour Chart, November 11 2022 Pepsico Inc., Elliott Wave Technical Analysis PEP Stock Market Analysis: Looking for wave (iv) to come to an end soon, potentially we coulddevelop into a triangle, invalidation level is a break south of red line at 176$. PEP Elliott Wave count: Wave (iv) of {i}. PEP Technical Indicators: Above all EMAs and RSI is starting to form bearish divergence. PEP Trading Strategy:Placing longs with a stop below red line, looking for a short andpotentially quick upmove in wave (v).

Pepsico Inc.(PEP:NASDAQ) Elliott Wave Technical Analysis November 11 2022

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