jojofang0901

PEPSI pay attention to this correction for long

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jojofang0901 已更新   
NASDAQ:PEP   PepsiCo, Inc.
Hi traders:

PEP also falls on my mid/long term watch for equities buy.

We see price dropped sharply from mid February, and strong bull impulse up.

Price then begin to form a larger continuation correction structure, giving us a good potential opportunities for more buy.

Currently this structure is not complete yet, I would wait for price to tag the bottom of the structure and observe for reversal indication,

or price breaks out of this large correction and in this case I will wait for smaller continuation correction to go long.

Thank you
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