PepsiCo Inc (PEP - NASDAQ) is in ABC zigzag wave pattern, where A wave was impulse five wave up followed by complex B wave correction, which takes so much time just consolidating in the upper zone of A wave up move. Now C wave is going up in its 1st wave, which will confirm the move after completing five wave in smaller time frame, say 5 min. Keep watch on invalidation level of count as stops to target C wave up.
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