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

The #PEP M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 160.12, the Neckline and the upward angle are at 154.96/155.78. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of #PEP will go towards 155.63.

The technical pattern called Head and Shoulders has appeared on the chart of #PEP M5. There are weighty reasons to suggest that the price will surpass the Neckline 154.96/155.78 after the right shoulder has been formed. So, the trend is set to change with the price heading for 155.63.

The Triple Bottom pattern has been formed on #PEP M5. It has the following characteristics: resistance level 152.18/151.98; support level 151.65/151.33; the width is 53 points. In the event of a breakdown of the resistance level of 152.18, the price is likely to continue an upward movement at least to 151.51.

The Triple Bottom pattern has formed on the chart of #PEP M5. Features of the pattern: The lower line of the pattern has coordinates 152.18 with the upper limit 152.18/151.98, the projection of the width is 53 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 151.65, the price is most likely to continue the upward movement.

The Double Bottom pattern has been formed on #PEP M5. Characteristics: the support level 155.86; the resistance level 156.30; the width of the pattern 44 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 47 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 156.30 is broken. The further movements will rely on the width of the current pattern 44 points.

The Bullish pennant graphic pattern has formed on the #PEP M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 159.87.

The Bullish pennant signal – Trading instrument #PEP M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 159.57, with the prospect of the next move being a projection of the flagpole height.

The Bullish pennant pattern is formed on the #PEP M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 159.05, a further uptrend is possible.

The Bullish pennant graphic pattern has formed on the #PEP M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 159.27.