KTF trade ideas
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
Mondelez a breakout treat.NASDAQ:MDLZ is good old boring consumer goods company which has outperformed many of the more glamorous and trendy retails and tech heavy weights.
The company is providing a steady yield and continues to expand and grow as the consumer becomes more and more health consious.
AVERAGE ANALYSTS PRICE TARGET $61
AVERAGE ANALYSTS RECOMMENDATION Overweight
P/E RATIO 22
YIELD 2%
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.
Buy opportunity: Mondelez golden cross and trend line supportNASDAQ:MDLZ had a golden cross on the daily chart. Price is above the 50MA and 200MA, those provide good support. Trend line/parallel channel also gives support.
Entry strategy: wait for the next bullish candle which confirms the uptrend and cross above 42.96
TP: 44.85
SL: 41.50
MDLZ Daily Gartley Pattern and 40 fig support combinationMDLZ has a daily Gartley Pattern, and 40 figure showed great support for over a year,
it may give a potential long opportunity;
I got to wait for reversal sign in smaller time frame to get in the long position, if it breaks 40.00 before any reversal sign, this trade doesn't exist anymore.
* Educational use only.