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

The Triple Bottom pattern has formed on the chart of the #PEP M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 150.49/149.96.

The Double Bottom pattern has been formed on #PEP M15. Characteristics: the support level 149.38; the resistance level 149.96; the width of the pattern 58 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 62 points.

The Triple Bottom pattern has formed on the chart of #PEP M5. Features of the pattern: The lower line of the pattern has coordinates 149.96 with the upper limit 149.96/149.61, the projection of the width is 58 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 149.38, the price is most likely to continue the upward movement.

The Double Bottom pattern has been formed on #PEP M5. Characteristics: the support level 149.35; the resistance level 149.61; the width of the pattern 26 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 27 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 149.96 is broken. The further movements will rely on the width of the current pattern 58 points.

The Double Bottom pattern has been formed on #PEP M30. 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 150.49 is broken. The further movements will rely on the width of the current pattern 104 points.

The Triple Bottom pattern has formed on the chart of the #PEP M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 150.49/150.16.

The Bearish pennant pattern has formed on the #PEP M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 148.37, a trader will be able to successfully enter the sell position.

The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 148.93 is broken, the downward movement will continue.

According to the chart of M5, #PEP formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 144.07/144.47 and upper border is 144.86/144.47. The pattern width is measured on the chart at -79 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #PEP breaches the lower border, the price could continue its move toward 144.32.