Live monitoring of the Bullish Flag setup on KDP. See where price is heading.
Bullish continuation if preceding move was up.
Reversal pattern. Price likely to break downwards.
Traders are watching Keurig Dr Pepper (KDP) as price action tightens. With a last close of $30.76, volatility remains active (-0.42%). Price action has carved out a classic Bullish Flag. The trend indicator is reading 14.2/100, suggesting moderate momentum. A potential breakout level is identified at $32.31, targeting $39.74 with support near $30.62 (R:R 4.41).
What is your outlook on KDP?