DailyPlay for Thursday May 28th, 2015 – Mondelez International, Inc. (MDLZ)

The bullish DailyPlay we chose for Thursday May 28th is Mondelez International, Inc. (MDLZ). MDLZ is part of the Consumer Staples Sector (XLP). Both 1-month and 6-month trends have turned bullish as XLP shows positive momentum and looks positioned to continue higher.

Mondelez International has been in a strong bullish trend since the end of March and recently took a nice bounce off its $39.63 support level. MDLZ continues to show positive momentum with a strong technical score of 7 (out of 10) and looks positioned to make new highs.

View this trade idea on $MDLZ