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The Long Investor - $PEP - SAFE HAVEN - WATCHLIST -
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This is a bullish move from $PEP.... We can now see five waves down for Wave C, with the price coming within reach of the 0.5 Fib at $120...
The price is up 2.6% in the PM at $137 and $PEP looks to be piggybacking on $KO’s earnings a few days ago, where they announced a double beat.
For me $PEP is a clear Safe Haven and offers a nice dividend of 4.4%... at these levels $PEP looks attractive and will likely outperform much of the market for the rest of 2026...
The price is still just in the Buy Zone, but in this morning’s PM, it is challenging the 0.38 Fib at $138 from below.
Once it breaks above that level, we’re turning our focus to the 200 WMA which is still up at $159.
A break above that level, and $PEP enters the Bull Case.
This is a bullish move from $PEP.... We can now see five waves down for Wave C, with the price coming within reach of the 0.5 Fib at $120...
The price is up 2.6% in the PM at $137 and $PEP looks to be piggybacking on $KO’s earnings a few days ago, where they announced a double beat.
For me $PEP is a clear Safe Haven and offers a nice dividend of 4.4%... at these levels $PEP looks attractive and will likely outperform much of the market for the rest of 2026...
The price is still just in the Buy Zone, but in this morning’s PM, it is challenging the 0.38 Fib at $138 from below.
Once it breaks above that level, we’re turning our focus to the 200 WMA which is still up at $159.
A break above that level, and $PEP enters the Bull Case.
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