$PEP - SAFE HAVEN - DIV +3.4%
Added 2024-11-20 12:29:33 +0000 UTC$KO gets a lot of attention but $PEP is equally as attractive as $KO at times and has a dividend of 3.46% too.
We can see that $PEP had moved perfectly in its impulse wave higher and we have been following this closely for the last 2 years calling it up and now down.
I believe it is in Wave C now, like $KO, and is in search of support.
Blue support line and the 0.5 Fib align very well at $148 on the 0.5 Fib, this would be the area of interest to find support for me....losing this level and the $137 level at the 0.618 Fib is next.
Buying $PEP under $150 does look very attractive as a safe haven add.
Comments
May I ask if you'd also include Chinese positions like NIO and BABA as well as pharmaceuticals like Pfizer as safe haven plays in a market downturn in the US?
César
2024-11-20 13:06:52 +0000 UTCthanks for adding PEP cap! I had PEP but sold near the top as it was only a very small allocation. Looking at re-entering for a long term hold to pair with KO.
Daniel
2024-11-20 12:37:48 +0000 UTC50% including Silver will remain but I will reduce my core positions to 50% in each, so 25% in my current core stocks, 15-20% in Safe Havens and then remaining in Crypto
Gareth Neary
2024-11-20 12:36:47 +0000 UTCCapt, may I ask what's the percentage you allocate to safe havens when the market corrects? Are you 50% cash 50% safe havens to then start deploying into long positions when the corrections ends? I'm new to the group.
César
2024-11-20 12:32:44 +0000 UTC
