PepsiCo: technical bounce in a decline that holds its direction

PepsiCo is at week 12 of a sell signal, with the trade carrying a 3.85% gain from entry. The week closed up 1.7% with buying volume at 81%, a sharp reversal from the previous week's seller dominance. A double bottom has formed in the 141 area on the daily chart, with a 4% bounce off the lows — a technical pattern that deserves close attention in the sessions ahead.