10.10.2016 - Price of PepsiCo is consolidating in the triangle
The price of PepsiCo is consolidating within the triangle and is currently located around its lower border. In case of breaking through and overcoming the local minimum at 104.20, the decline will continue in the near future to 101.65 and 96.75. On the other hand, fixation above 110.00 will be the reason for the growth of quotations to 116,00 and 120,00. We expect continued consolidation in the near future and look forward to signal for opening new positions.