Pepsi continues to look bearish. But as rates will likely come down towards the end of the year, the safer dividend plays become more attractive. Pepsi offers an attractive dividend yield and is considered a safe business to park money into.
The chart suggests we will head towards the $122 level where there is a confluence of support. I'll patiently wait for a reaction at this level before jumping into the trade.
The chart suggests we will head towards the $122 level where there is a confluence of support. I'll patiently wait for a reaction at this level before jumping into the trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.