Dec. 21 at 2:30 AM
$IFF is quietly bottoming, putting in a rounding base on the 8h chart after reclaiming its short-term MAs. With a fresh
$500M buyback and the stock trading ~26% below fair value, the recovery story is gaining steam heading into 2026 🍦🧪.
Bull Levels: A claim of
$66.17 targets the
$68.20 trendline; a weekly close above that diagonal confirms the macro reversal. Bear Levels: Must hold
$64.40; a break below
$62.06 signals a retest of the 52-week low floor.
Technical Extra: RSI (14) is neutral at 47-62 across timeframes, leaving plenty of room for an upside move before becoming overbought. Watch for a "Golden Cross" on the 2h chart as a confirmation signal.
#hovdid
