PepsiCo Inc. (PEP) – stock is trading around $137.30 dollars as of December, 05, 2019 and offering a possible buying price between $136.62 – $143.45. Let’s look at the stocks technical actions using a weekly chart.
2. After a huge run up, the stock tried to breakout in August and October.
3. The August breakout was somewhat successful, but the October one failed.
4. The stock also lost the key 50 day moving average ( DMA) support.
5. The stock appears to be regained that line.
6. The stock is offering possible buying price between $136.62 – $143.45, with a stop loss at $125.69.
This stock is already part of the Stocks Above 100 Dollars pick and performance will be tracked here .
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