Mondelez International may rise to 72.50 - 73.60

Our pivot point is at 66.

Our preference

Short term rebound.

Alternative scenario

Below 66, expect 64.1 and 63.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the share stands above its 20 day moving average (67.217) but below its 50 day moving average (68.8966).

Supports and resistances

74.7 **

73.6 *

72.5 **

71.3

67.83 (USD-last)

66.8

66 **

64.1 *

63 **

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