Int’l Flavors & Fragrances (IFF) shares of the lower beta consumer staple are sporting a solid looking bullish flag as it coils near recent highs and this week triggering a bullish MACD cross as it printed an inside candle on Tuesday. A break above value area high near 97.60 would likely see a swift move to the 100 round number for a quick trade while upside exists into 101.75 as the first fib extension target if the move extended higher. IFF could also be a more defensive name to play into late July if markets start to pull back and get that more safety type of bid or sector rotations. The stock rarely sees options action but still has the more than 6000 January $95 calls in open interest from buyers in late February that have more than doubled.