Trader_Joe_Lee

MDLZ Daily Gartley Pattern and 40 fig support combination

Long
Trader_Joe_Lee Updated   
NASDAQ:MDLZ   Mondelez International, Inc.
MDLZ has a daily Gartley Pattern, and 40 figure showed great support for over a year,
it may give a potential long opportunity;

I got to wait for reversal sign in smaller time frame to get in the long position, if it breaks 40.00 before any reversal sign, this trade doesn't exist anymore.


* Educational use only.
Comment:
A nice little daily potential Gartley pattern here, worth noticing!
Comment:
got the 1st kick @ 40.85
put the rest of the out @ 40.25
Comment:
nice trade, change out to daily pivot to 40.69

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.