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

The Double Bottom pattern has been formed on #PEP M5. Characteristics: the support level 156.94; the resistance level 157.45; the width of the pattern 51 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 57 points.

The Bearish pennant pattern has formed on the #PEP M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 161.86; the projection of the flagpole height is equal to 265 pips. In case the price breaks out the pattern’s bottom of 161.86, the downtrend is expected to continue for further level 161.71.

The Bearish pennant pattern has formed on the #PEP M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 163.55 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

The technical pattern called Head and Shoulders has appeared on the chart of #PEP M30. There are weighty reasons to suggest that the price will surpass the Neckline 167.14/167.19 after the right shoulder has been formed. So, the trend is set to change with the price heading for 166.89.

The Double Bottom pattern has been formed on #PEP M15. 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 168.04 is broken. The further movements will rely on the width of the current pattern 82 points.

The Double Bottom pattern has been formed on #PEP M5. 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 168.04 is broken. The further movements will rely on the width of the current pattern 82 points.

The Triple Top pattern has formed on the chart of the #PEP H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 165.99/167.14 with the upper limit 169.77/170.26; the projection of the width is 378 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 165.99, the price is most likely to continue the downward movement.

The Triple Top pattern has formed on the chart of the #PEP M30 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -49, support level -115, and pattern’s width 378. Forecast If the price breaks through the support level 165.99, it is likely to move further down to 169.69.

The Double Top pattern has been formed on #PEP H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 165.99 is broken, the downward movement will continue.

The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 168.49 is broken, the downward movement will continue.