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Analysis: #NASDAQ $MDLZ

Case 263 #Mondelez International Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#MDLZ 1/4
Chart 1
Weekly Chart: Since peaking at the all time high of 59.73 in Feb. 2020 price broke down violently, wiping out all the gains of 2019 but finding #support at the well established #confluence of the long term #trendline and Fib 0.382 supports. .....

MDLZ 2/4
..... Price has since rebounded and faltered at cluster #resistance 53.20 - 56.00 and the #SMA 20 has closed below SMA 50.

MDLZ 3/4
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