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Is MDLZ signaling selling opportunity? Fell Below 20 Day Moving Average shows up after declining 0.89%
MDLZ finished lower by 0.89% on Thursday, June 25th, trading 0.8 times its typical volume. Multiple bearish signals emerged — Shooting Star, Fell Below 20 DMA & Shooting Star Candlestick — suggesting potential weakness ahead. Key support levels exist at 60.53, 59.88 & 58.64, with resistance at 62.42, 63.66 & 64.31.
Current SwingTradeBot Technical Rating of MDLZ: B
There’s more where that came from. See all of today’s signals for MDLZ here.
Read full article here »