Jim Cramer's told Mad Money viewers Friday night that he will be watching on Wednesday for earnings from Dick's Sporting Goods (DKS) , Williams-Sonoma (WSM) and American Eagle Outfitters (AEO) in retail. We'll also hear from Nvidia (NVDA) , Snowflake (SNOW) , Okta (OKTA) and Workday (WDAY) in tech, as well as Mondelez (MDLZ) in food.
Cramer was particularly bullish on Mondelez, so let's see what the charts say about MDLZ.
We looked at MDLZ on April 29 and recommended, "Traders should trade MDLZ from the long side risking a close below $57 for now."
In the updated bar chart of MDLZ, below, we can see that the shares have worked higher and did not get near our recommended stop level. The shares are trading above the rising 50-day moving average line and the rising 200-day line.
The On-Balance-Volume (OBV) line has reached a new high with the price action. The Moving Average Convergence Divergence (MACD) oscillator is in a bullish alignment above the zero line.