PEP: Bullish Divergence With Two Buy ZonesPepsiCo, Inc.NASDAQ:PEPNexusChartToolsPEP remains inside a broad descending channel while daily RSI forms bullish divergence, suggesting downside momentum may be weakening. Stochastics are oversold. If we reclaim the current resistance as support, close above the red channel mid-line and the RSI crosses its average, a small-long position could be taken. If price moves lower first, I am watching: $132.63: small gap-fill support $127.65: stronger daily support with lower-channel confluence (I like this a lot). Upside targets would be the upper channel boundary, followed by the 100/200 SMA area and Volume Profile POC. A break through that resistance cluster could develop into a larger channel breakout. The recent gap down was filled, but price has since moved sideways, so another move into support remains possible. This is a conditional setup: either wait for the trendline support flip or watch for a reaction from the lower entry zones. Educational analysis only—not financial advice.