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

The Triple Bottom pattern has formed on the #PEP M5 chart. A break above the confirmation resistance at 138.92 may signal a reversal from a downtrend to an uptrend.

The Triple Bottom pattern has formed on the chart of #PEP M5. The lower boundary is at 137.51, while the upper boundary is at 138.92/138.05. The projected width is 123 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 138.92 is broken, the price is likely to continue upward.

The Double Bottom pattern has formed on the #PEP M30 chart. Its upper boundary is at 141.37, its lower boundary is at 139.36, and its width is 206 points. A break above the upper boundary at 141.37 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Double Bottom pattern has formed on the #PEP H1 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 141.37. The projected move is based on the pattern width of 206 points.

The Bearish Rectangle has formed on the #PEP M15 chart and indicates a likely continuation of the trend. Its upper boundary is at 141.27 and its lower boundary is at 139.66. A short position may be considered once the price closes below the lower boundary at 139.66 of the Bearish Rectangle.

The Bearish Rectangle has formed on the #PEP M30 chart. This is a trend continuation pattern bounded by the lower boundary at 139.66–139.66 and the upper boundary at 141.27–141.27. A breakout below the lower boundary is likely to signal a continuation of the downtrend.

The Bearish Rectangle has formed on the #PEP M30 chart and indicates a likely continuation of the trend. Its upper boundary is at 141.27 and its lower boundary is at 139.66. A short position may be considered once the price closes below the lower boundary at 139.66 of the Bearish Rectangle.

The Bullish Symmetrical Triangle pattern has formed on the #PEP M5 chart. Its lower boundary passes through 140.42/140.90, while its upper boundary passes through 141.27/140.90. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, #PEP is expected to break the upper boundary and move toward 141.05.

The Bearish Rectangle has formed on the #PEP M15 chart and indicates a likely continuation of the trend. Its upper boundary is at 141.06 and its lower boundary is at 139.66. A short position may be considered once the price closes below the lower boundary at 139.66 of the Bearish Rectangle.

The Double Bottom pattern has formed on the #PEP M15 chart. Its support is at 139.72, its resistance is at 141.06, and its width is 134 points. A break above resistance may confirm a trend reversal, with the first target projected 140 points away.