Tuesday, June 11, 2013

PEP swing

Pepsico is not following what Coke did. This one held the 80 support level and went higher. The moving avg has come together and we will have to watch if this was a lower high or it is a beginning of a higher trade. I did not play, here was my analysis that I had made earlier - http://agaptrader.blogspot.com/2013/05/pep-swing.html