PepsiCo Inc (NYSE:PEP) stock has a Golden Cross pattern in the making — a bullish technical signal indicating a potential uptrend. This comes as PepsiCo delivered an earnings beat on April 23, with a 5.92% surprise on EPS and a 0.94% surprise on revenue. A Golden Cross In The Cards The Golden Cross pattern that may form soon, coupled with positive earnings and analyst sentiments, indicates a positive outlook for PepsiCo stock. Chart: Benzinga Pro The Golden Cross pattern is a bullish technical signal indicating a potential uptrend. This occurs when the stock’s short-term moving average, such as the 50-day moving average (orange line in chart above), crosses above its long-term moving average, like the 200-day moving average (blue line in chart ...