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Cycle Says MDLZ is coming down

Corto
NASDAQ:MDLZ   Mondelez International, Inc.
If it stays within this trendline, the safe bet is a move South to at least 40, but most likely 38.35. This has been the minimum movement mark once the resistance line is met.

All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!
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