Pepsi stock price recorded a stunning rally on Monday towards a multi-month high of 123.95, though it returned its gains a day after. The momentum indicators are supportive of the bearish move, with the RSI falling into negative territory below 70 and approaching the 50 neutral mark, while the MACD sank below its trigger line in the positive territory. Immediate support is being provided by the 120.75 barrier, taken from the latest lows. Should prices dip lower again, the next [..]
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