PepsiCo, Inc.
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Pepsi shares: short opportunity

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On the hourly chart of the instrument, with high probability, the price is starting the fifth Elliott wave of a bearish period. Also, a sell fractal was formed below the MA`s of Alligator indicator. Going short if we break its level. SL and TS levels are marked on the chart.
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Technical IndicatorspepsipepsicoWave Analysis

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