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

The Double Bottom pattern has been formed on #PEP M5. Characteristics: the support level 151.09; the resistance level 151.72; the width of the pattern 63 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 69 points.

The Bearish pennant pattern has formed on the #PEP M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 152.06; the projection of the flagpole height is equal to 373 pips. In case the price breaks out the pattern’s bottom of 152.06, the downtrend is expected to continue for further level 151.84.

The Double Bottom pattern has been formed on #PEP M30. Characteristics: the support level 154.20; the resistance level 155.58; the width of the pattern 138 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 147 points.

The Triple Bottom pattern has formed on the chart of the #PEP M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 156.68/156.31.

The Triple Bottom pattern has formed on the chart of #PEP M5. Features of the pattern: The lower line of the pattern has coordinates 156.68 with the upper limit 156.68/156.64, the projection of the width is 61 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 156.07, the price is most likely to continue the upward movement.

The Double Bottom pattern has been formed on #PEP M5. Characteristics: the support level 158.27; the resistance level 158.48; the width of the pattern 21 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 20 points.

The Double Bottom pattern has been formed on #PEP M5. Characteristics: the support level 159.42; the resistance level 160.54; the width of the pattern 112 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 123 points.

On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 160.41; the lower boundary 160.07; the width of the pattern 34 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 159.92 level.

The Triple Top pattern has formed on the chart of the #PEP M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 4, support level -15, and pattern’s width 61. Forecast If the price breaks through the support level 159.26, it is likely to move further down to 159.68.

On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 159.83; the lower boundary 159.26; the width of the pattern 57 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 159.11 level.