Live monitoring of the Rectangle setup on KDP. See where price is heading.
Sideways movement between parallel supports.
Bearish continuation pattern.
Bearish continuation if preceding move was down.
KDP is showing interesting structural developments at $26.02. Price has moved to $26.02 (-0.08%) amidst recent volatility. Price action has carved out a classic Bearish Flag. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $24.88, targeting $18.54 with support near $26.58 (R:R 3.73).
What is your outlook on KDP?