Monday, January 9, 2023 10:06 AM EST
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Pepsico Inc.,(Nasdaq: PEP): Daily Chart, January 9, 2023,
PEP Stock Market Analysis: Looking for further upside into wave {iii}. We either completed the correction after the leading diagonal or else we will be correcting lower into a double correction.
PEP Elliott Wave Count: Wave (c) of {ii}.
PEP Technical Indicators:20EMA acting as resistance.
PEP Trading Strategy: Looking for longs if the upside is confirmed.
Analyst: Alessio Barretta
Pepsico Inc., PEP:4-hour Chart, January 9, 2023,
Pepsico Inc., Elliott Wave Technical Analysis
PEP Stock Market Analysis: Looking for upside confirmation with a break of wave (b) which could also trigger longs.
PEP Elliott Wave count: Wave (i) of {iii}.
PEP Technical Indicators: 20 and 50EMA crossing.
PEP Trading Strategy: Looking for longs on the break of the top of wave (b).
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