FX.co ★ Patterns #PEP | PepsiCo, Inc. Stock Price

According to the chart of M5, #PEP formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 130.78, the lower border is 130.41. The signal means that a short position should be opened after fixing a price below the lower border 130.41 of the Bearish Rectangle.

According to the chart of M5, #PEP formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 130.41 – 130.41 and upper border 130.78 – 130.78. In case the lower border is broken, the instrument is likely to follow the downward trend.

The Double Bottom pattern has been formed on #PEP M30. Characteristics: the support level 130.15; the resistance level 131.34; the width of the pattern 119 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 108 points.

The Double Bottom pattern has been formed on #PEP M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 131.34 is broken. The further movements will rely on the width of the current pattern 119 points.

The Bearish pennant pattern has formed on the #PEP M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 130.36; the projection of the flagpole height is equal to 214 pips. In case the price breaks out the pattern’s bottom of 130.36, the downtrend is expected to continue for further level 130.06.

The Bearish pennant pattern has formed on the #PEP M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 130.36; the projection of the flagpole height is equal to 214 pips. In case the price breaks out the pattern’s bottom of 130.36, the downtrend is expected to continue for further level 130.06.

On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 134.28; the lower boundary 133.13; the width of the pattern 115 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 132.98 level.

On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 134.28; the lower boundary 133.13; the width of the pattern 115 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 132.98 level.

The Triple Bottom pattern has been formed on #PEP M5. It has the following characteristics: resistance level 134.79/134.10; support level 133.22/133.32; the width is 157 points. In the event of a breakdown of the resistance level of 134.79, the price is likely to continue an upward movement at least to 133.51.

The Triple Bottom pattern has formed on the chart of #PEP M5. Features of the pattern: The lower line of the pattern has coordinates 134.79 with the upper limit 134.79/134.10, the projection of the width is 157 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 133.22, the price is most likely to continue the upward movement.