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MDLZ

Seeing a possible blow off on Mondelez. MDLZMondelez is in an upgoing zigzag. Just confirmed through passing the most recent high. I like to draw channels to guide my Fib projections and other things, never mind in this case that we are overbought - every single is situational. That is why trading is more than a science, but an artform. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NASDAQ:MDLZLong
by Rykin_Capital
The Flag Pattern is 100% ready on MDLZ Today, we will speak about Mondelez International. Let's check what we can see on the chart: a) The major structure is an ascending channel, where the price is about to make content with. There we expect a bullish reaction b) Currently, we can observe a flat pattern that is 100% ready. From a technical perspective, flat patterns are continuation structures which means that after the confirmation breakout, we tend to observe movements in the same direction as the previous impulse. c) Based on this context, we have defined an activation level (green horizontal line). The idea here is: IF the price reaches the activation level, we will expect a bullish movement towards the Fibo Targets. The maximum target is the higher trendline of the expanding channel d) If the price keeps falling and breaks the ascending channel, we will cancel our view. Also, if the price reaches the activation level, we will define an invalidation level below the flag pattern. e) The expected duration of the bullish movement is between 150 and 200 days f) Another important element is the confluence between the ascending channel and the support/resistance level where we expect the Flag Pattern to be finished and not surpass that area (otherwise, we will consider that the pattern has failed) Thanks for reading!
NASDAQ:MDLZ
by ThinkingAntsOk
1
How we will trade MDLZ. Full explanationToday we will speak about Mondelez International. Let´s see the conclusions we can make on the chart: a) The price is inside an ascending channel b) Currently, the price is close to a key support/resistance level which makes convergences with the ascending channel c) That's a key level we want to observe contact. That would mean for us that the current Flag Pattern is perfect d) If that happens, we want to observe a bounce. The green horizontal line represents our activation level, where we think it's a confirmation of the bullish movement. The main target we will use is the 2nd fibo extension level which is the same as the higher trendline of the expanding channel. e) the First level of the fibo extension in our experience is a good place to move the stop to the entry-level if reached. (risk-free situation) f) The risk we will take on this setup is 1% of our trading account on the stop loss area. g) This movement can take between 150 - 200 days.
NASDAQ:MDLZLong
by ThinkingAntsOk
2
Our Stock of the Day / MDLZToday, we have a short setup to share. Here is a full explanation a) The price has found resistance on the All-time highs zone b) After reaching the zone, we saw a breakout of the ascending trendline c) Now, we have a clear corrective structure (ABC pattern), which is considered a bearish pattern d) Our Entry Stop and Take profit are the ones you can see on the chart / Break Even level is the horizontal yellow line e) The risk Reward Ratio of this trade is 1.7 / We will risk 1% of our capital on this setup f) Remember: Trade safe, protect your capital, and always understand what you are doing.
NASDAQ:MDLZShort
by ThinkingAntsOk
MDLZ - Breakdown trade from $40.37 to $32 area MDLZ seems forming a declining neck head & shoulder formation. It is also running within a channel formation. Technically it looks weak & it had recent insider selling. We think it will decline to 32 area shortly. Trade Criteria Entry Target Criteria- break of $40.37 Exit Target Criteria- Target 1- $36.43; Target 2- $32.23 Stop Loss Criteria- $42.23 Indicator Notes- Negative Twiggs Moneyflow Option- $42 Feb-17 Puts You can check our detailed analysis on MDLZ in the trading room/ Executive summary link here- www.youtube.com Time Span- 3:00" Trade Status: Pending
NASDAQ:MDLZShort
by AcornWealthCorp