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Is MDLZ positioned for a breakout? Crossed Above 50 Day Moving Average shows up after rising 0.23%
On Monday, July 27th, MDLZ moved up 0.23% while volume was to 1.0× the usual levels. The session formed a Crossed Above 50 DMA, often signaling a possible continuation. Key support levels exist at 60.1, 59.53 & 58.99, with resistance at 61.21, 61.75 & 62.32.
Current SwingTradeBot Technical Rating of MDLZ: B
Today’s move could mean more—check all the signals for MDLZ on SwingTradeBot.
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