PEP Pepsi looking over-extended meeting resistance around $116.50 today, with what looks like a nice reversal candle forming.
Expecting a price correction in the very near term to the $110-$112.50 area. A couple gaps left open below to possibly fill. I could see it going as low as $108 with this pull back, but that may depend on overall market conditions. Note: this will most likely be a temporary move, longer term trend does appear bullish.