PepsiCo, Inc.
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PEP bounce to $163

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MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.

So...

Here's why I'm picking this symbol to do the thing.
(4HR chart)
Price at bottom channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) near oversold level
VBSM is spiked negative
Price at near 3.618 Fibonacci level
In at $158.8
Target is $163 or channel top
Stop loss is $157
Сделка закрыта: достигнута стоп-лосс цена
FibonacciParallel Channel

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