Pilgrim's Pride Corporation (PPC) has reached a significant support level and could be a good pick for investors from a technical perspective. The company recently broke through its 50-day simple moving average (SMA) and is currently trading above both its 200-day and 50-day SMA, which suggests a long-term bullish trend. SMA is employed to ascertain whether the price of a security is trending upward or downward. Closing at $44.58 on Friday, the stock is trading higher than its 200-day and 50-day SMA of $36. ...