Short term view - MONDELEZ INTERNATIONAL INC : The wedge has just been triggered.
In our previous short term analysis (25/10/2016), we were positive.We remain positive with a target at 46,37 $ and an invalidation level at 43,6 $.
The bullish trend resumes after the consolidation.
Arguments :
- The wedge has just been triggered.
Mondelez International sells food and beverage products. The company makes and sells primarily snacks, including biscuits (cookies, crackers and salted snacks), chocolate, gum and candy, as well as various cheese and grocery and powdered beverage products. The company's portfolio includes snack brands such as Cadbury, Milka and Toblerone chocolate; Oreo, belVita and LU biscuits; Halls candy; Trident gum and Tang powdered beverages. The company's operations and management structure are organized into four operating segments: Latin America; Asia, Middle East and Africa; Europe; and North America. The company sells its products to supermarket chains, wholesalers, supercenters, value stores and other retail food outlets.
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