PepsiCo: Why I'm Calling The Bottom (Technical Analysis)
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PepsiCo's stock may have reached a bottom as a double bottom pattern forms on the chart, supported by strong technical indicators. Despite mixed earnings and weaker guidance, the stock shows resilience in organic and core results.
March 17, 2025 | 3:45 am
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PepsiCo's stock may have reached a bottom as a double bottom pattern forms on the chart, supported by strong technical indicators. Despite mixed earnings and weaker guidance, the stock shows resilience in organic and core results.
The technical analysis suggests a double bottom pattern, indicating a potential reversal and bottoming of the stock price. This is supported by strong indicators. Although recent earnings were mixed, with GAAP revenues declining, the resilience in organic and core results provides a positive outlook. The weaker guidance and EPS projections suggest a growth slowdown, but the technical pattern may outweigh these concerns in the short term.
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