Aug. 23 at 12:59 AM
$PEP Swing Playbook: Weekly Trendline Reclaim & Call Sweep 📈
$PEP is pushing out of a multi-month falling wedge / descending trendline, holding strong demand above
$137.50. Smart money stepped in with
$106.7K in 12/18
$150 Calls at the Ask, positioning for range expansion back toward upper volume profile nodes once
$143.50 clears.
BULL PLAN 🐂
• Base Entry Zone:
$140.00–
$142.50
• Momentum Trigger:
$143.50
• Primary Targets:
$148.00 ➔
$155.00
• Invalidation Stop:
$139.20
BEAR RISK 🐻
• Downside Break: Below
$137.50
• Lower Targets:
$130.00 ➔
$124.90
#PEP #optionsflow #swingtrading #technicalanalysis #hovdid
