PepsiCo, Inc.
Panjang

idea for return to support being a cheap entry

92
1->3 : higher high continues the uptrend.
notice number 1 is pushed down by resistance,
then as 2->3 swing occurs this set of sellers
is replaced by buyers

3->4 : confirmation of a switch from resistance
to support and potential continuation entry

what do I think will happen next ?

* uptrend continuation

*obv selling volume broken by buyers via trend measurement

* bull in rsi and mfi as well as oversold on number 4 (almost)

* micro bullish candle confirmation

*vwap touch off bullish candle

* a return to the buy point provides an entry

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.