Pepsico Inc. Stock Code PEP.NAS
Price broke above the cloud in the previous trading session and could be heading towards the previous high at $175.81 in the next 1-2 weeks. Price has also broken above an Ichimoku V-shaped structure, hinting at a bullish price trend as well. Conversion and Base lines had a bullish crossover earlier, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is bullish and is hinting at a bullish price trend. We think price is likely to move higher to the previous high at $175.81 in the next 1-2 weeks.
$175.80 Price Target
$165.80 Risk Management Stop
2 weeks Trade Duration