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

Trade active:

Trade is active. Price crossed the entry level.

Comment:

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 closed: target reached:

Trade closed at entry level or higher if someone used trailing stop.