Buy opportunity: Mondelez golden cross and trend line support
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
Transaction en cours
Trade is active. Price crossed the entry level.Note
So far the price is climbing up nicely. Stop loss can be moved up to entry price, if someone wants to minimize the risk.Trade fermée: cible de profit atteinte
Trade closed at entry level or higher if someone used trailing stop.
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If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or your LIKE!
Thank you for your support and may the markets be with you!
Thank you for your support and may the markets be with you!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.