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After Yesterday's Decline of 3.17%, Green Mountain Coffee Roasters Offers Investors Better ValueApr 05, 2013 (SmarTrend(R) News Watch via COMTEX) -- Green Mountain Coffee Roasters (NASDAQ:GMCR) traded in a range yesterday that spanned from a low of $52.58 to a high of $54.18. Yesterday, the shares fell 3.2%, which took the trading range below the 3-day low of $52.73 on volume of 3.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. In the past 52 weeks, Green Mountain Coffee Roasters share prices have been bracketed by a low of $17.11 and a high of $115.98 and are now at $53.23, 211% above that low price. The 200-day and 50-day moving averages have moved 2.16% higher and 2.58% higher over the past week, respectively. SmarTrend recommended that subscribers consider buying shares of Green Mountain Coffee Roasters on November 20th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $29.08. Since that recommendation, shares of Green Mountain Coffee Roasters have risen 89.0%. We continue to monitor GMCR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |