AAPL and PEP Show Strong Bullish Trends
Apple has found support at the volume shelf. The latest candlestick pattern suggests a potential reversal, supported by oversold oscillators and price action below the lower Bollinger Band. This improves the risk/reward for bulls, though further downside to $225 within the volume shelf remains possible.
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2. $Pepsi(PEP)$
Following last month's soft drink fundamental analysis highlighting the strength on PEP and $Coca-Cola(KO)$ , the weekly chart now shows three conditions present in prior bounces: oversold price relative to the lower band, RSI, and Stochastic; plus a bullish reversal candle. With favorable risk/reward, $142 is key support for the bullish thesis.
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