0 0

September 22, 2020 at 03:08PM

• PepsiCo reversed from support zone

• Likely to rise to 135.00

PepsiCo recently reversed up from the support area lying between the support level 129.35 (which earlier formed the two consecutive Bullish Engulfing patterns in June) and the lower daily Bollinger Band.

The upward reversal from this support zone stopped the previous two downward impulse waves (iii) and C.

PepsiCo is expected to rise further and re-test the next resistance level 135.00 (former multi-day support from the start of September).

Continue Reading…

From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/pepsico-wave-analysis-22-september-2020-20200922/
Selected by fonecable.com

euro
Search Web: PepsiCo Wave Analysis 22 September, 2020

Recent Posts

euro

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *