PepsiCo Inc. PEP is making waves in the stock market as its shares recently formed a bullish technical pattern known as a Golden Cross. Golden Cross Signals Bullish Momentum: This is when the stock's 50-day moving average crosses above its 200-day moving average, signaling potential upward momentum. Chart created using Benzinga Pro Pepsi's stock is trading at $178.52, comfortably above both its 50-day and 200-day simple moving averages of $170.43 and $170.21, respectively, making this a textbook bullish ind ...