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Friday, March 09, 2012

GMCR - Further to Fall

Huge drop on GMCR after Starbuck announced last night that it will compete against the Keurig single brew machine.   Island reversal plus well defined gap support-turned-resistance.  Risk is to the down side.  No position.


2 comments:

  1. Hi, what software/website do you use to generate the attached charts?

    Thx, Alex

    ReplyDelete
    Replies
    1. Anonymous9:37 AM

      Tradestation :)

      Delete