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Is PEP about to break its pattern? Narrow Range Bar shows up after declining 0.52%
On Thursday, July 23rd, PEP moved down 0.52% while volume was to 0.9× the usual levels. The session formed a Narrow Range Bar, often signaling a possible continuation. Key support levels exist at 134.01, 133.06 & 132.4, with resistance at 135.62, 136.28 & 137.23. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of PEP: F
Today’s move could mean more—check all the signals for PEP on SwingTradeBot.
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