Mondelez (MDLZ) shares are coiling and holding up well as a defensive consumer staple name in a weak market and currently sandwiched between the 55 and 200 day EMA’s with a potential buy trigger above 66 this week as it tries to hold support at monthly value low. A move above 66 would likely see a breakout towards the December highs at 68.50. A lower beta name but one that can see safety money flows if this downtrend in the markets persists into quarter end.