Stocks

Mondelez International may rise to 75.40 - 76.90

2024-08-25

Our pivot point is at 68.9.

Our preference

The upside prevails as long as 68.9 is support.

Alternative scenario

Below 68.9, expect 66.6 and 65.2.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 69.7315 and 67.6276).

Supports and resistances

78.2 **

76.9 *

75.4 **

74.1

71.23 (USD-last)

69.8

68.9 **

66.6 *

65.2 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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