International Flavors & Fragrances Inc

IFF remains in a Stage 2 advancing corrective reset within an overarching uptrend. Medium-term bias is bullish, supported by sequential higher highs and higher lows and acceptance above rising EMAs and the 50 DMA. Price is currently pulling back into the rising EMA and 50 DMA zone, offering a tactical entry opportunity. Short-term bias is bullish, so execution should focus on buying into shallow pullbacks around the dynamic EMA support area.

• ↑Q1 revenue reached $2.7B, +3% YoY on broad volume growth
• ↑Free cash flow improved to $92M, up 144% YoY
• ↓Health & biosciences unit sees expected negative growth in Q3