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Based on the analysis of Pilgrim's Pride's 15-minute chart, a bearish trend has been observed, as indicated by the MACD Death Cross, KDJ Death Cross, and Bearish Marubozu formations on November 17, 2022, at 13:00. This suggests that the stock price has the potential to continue declining, with a shift in momentum towards the downside. Sellers appear to be in control of the market, and there is a likelihood of further price decreases.
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