Howdy merchants and welcome to a brand new weblog publish the place we talk about commerce setups. Right now, the highlight shall be on PepsiCo with the ticker $PEP. The inventory broke upside final week after spending the This fall 2025 in a corrective pullback following a bullish rection to the blue field within the earlier months.
PepsiCo is a worldwide meals and beverage firm with the headquarters in New York. It was based in 1965 by way of the merger of Pepsi-Cola and Frito-Lay. The corporate operates in over 200 international locations and has a various portfolio of manufacturers, together with Pepsi, Mountain Dew, Lay’s, Doritos, Gatorade, Tropicana, and Quaker.
The inventory reached an all-time excessive in Might 2023, almost hitting $197. This peak, primarily based on long-term Elliott wave evaluation, marked the completion of supercycle diploma (III). A pullback adopted for wave (IV) of the identical diploma, beginning in Might 2023 and lasting till Might 2025 – a interval of two years. Contemplating the long-term bullish development, the pullback from Might 2023 offered one other alternative to purchase at decrease costs. Happily, we lined this pullback in one among our free weblog posts, which was printed on February 16, 2025, utilizing the weekly chart beneath.
Pepsico Weekly Chart – sixteenth February, 2025
Within the chart above, we believed the corrective had a excessive chance of concluding inside the zone marked by the blue field. Following the completion of a 7-swing construction, the publish suggested readers to purchase on the blue field, the place we anticipated wave (IV) to complete. From this level, we anticipated a robust bullish cycle for wave (V) to begin. Following that, we carefully monitored the inventory’s value motion, notably its reactions to the blue field. On November 16, 2025, we delivered an replace that includes the weekly chart beneath.
Pepsico Weekly Chart – sixteenth November, 2025
The chart above exhibits that after an preliminary impulse breakaway from the blue field, the worth corrected as wave ((2)). Following the top of wave ((2)), wave ((3)) rallies ought to observe. Within the publish shared on November 16, 2025, we said:
The brand new weekly chart above exhibits a pointy rebound. This might signify the top of wave (IV) or the beginning of a 3/7 swing bounce resulting in a deeper wave (IV). If wave (IV) has ended, wave (V) ought to advance to $215 and doubtlessly larger. Nonetheless, if the bounce is corrective, patrons ought to anticipate a value attain of $168-$175. Merchants who went lengthy from the blue field have already reached the primary goal at 156.33. Due to this fact, whereas reserving some earnings, patrons can proceed to carry the remainder of their place with a cease adjusted to $127. This seems to be a strong plan.
As predicted, wave ((2)) made a brand new low, retesting the field. These a number of retests over a number of weeks enabled extra merchants to take part. The anticipated surge occurred prior to now two weeks, as demonstrated within the newest weekly chart beneath.
PepsiCo Weekly Chart – seventh February 2026
The chart above exhibits a major breakout. The value has already reached the $168-$175 goal, as indicated within the earlier replace, and is on monitor for the following goal of $215, no less than for wave (V). Due to this fact, patrons ought to proceed to carry their positions however guarantee a risk-free final result. E-book some revenue and modify the remaining place to interrupt even. This lets you chill out and unlock capital for brand new alternatives.
Supply: https://elliottwave-forecast.com/bluebox-wins/pepsico-bounces-from-blue-box-aiming-200-next/