$PEP have just reported and they have guided down for the FY and cite tariffs as a constraint on their supply chain.
Price has been holding on the 0.618 Fib this month leading up to earnings and needed a good report to signal a reversal.
With this weak guide, it is difficult to see how they can reverse from here in the short term....especially while tariffs remain in place.
The downside risk below the 0.618 Fib is always the 0.78 Fib which is at $121 right now.
Dividend of +3.8% and this will increase if the share price lowers.
David Köster
2025-05-16 10:59:05 +0000 UTCRagin_Savant
2025-04-24 13:59:40 +0000 UTCGareth Neary
2025-04-24 11:26:50 +0000 UTCDaniel
2025-04-24 11:23:32 +0000 UTC