Mondelez bullish break of downtrend. Entry level $54.90 = Target price $56.63 = Stop loss $54.25
Indicators all bullish
Break of downtrend broken
Very impressive increase in volume.
P/E ratio 20
Company profile
Mondelez International, Inc. engages in the manufacture and marketing of snack food and beverage products. It operates through the following geographical segments: Latin America; Asia, Middle East, and Africa; Europe; and North America. Its products include beverages, biscuits, meals, chocolate, gum, and candy. Its brands include but not limited to Nabisco, Oreo, and LU biscuits; Cadbury, Cadbury Dairy Milk, and Milka chocolates; and Trident gum. The company was founded by James Lewis Kraft in 1903 is headquartered in Deerfield, IL
