PepsiCo, Inc.

idea for return to support being a cheap entry

51
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

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.