Mondelez International may rise to 74.80 - 76.20

66.9 is our pivot point.

Our preference

The upside prevails as long as 66.9 is support.

Alternative scenario

The downside breakout of 66.9 would call for 64.5 and 63.1.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 67.5405 and 67.039).

Supports and resistances

77.7 **

76.2 *

74.8 **

73.3

69.72 (USD-last)

67.8

66.9 **

64.5 *

63.1 **

Number of asterisks represents the strength of support and resistance levels.