TMCnet - World's Largest Communications and Technology Community



After Yesterday's Rally of 1.31% Shares Could Potentially Pullback
[January 22, 2013]

After Yesterday's Rally of 1.31% Shares Could Potentially Pullback

Jan 22, 2013 (SmarTrend(R) News Watch via COMTEX) -- Green Mountain Coffee Roasters (NASDAQ:GMCR) traded in a range yesterday that spanned from a low of $40.40 to a high of $41.65. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $41.25 on volume of 3.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Green Mountain Coffee Roasters share prices have moved between a 52-week high of $115.98 and a 52-week low of $17.11 and are now trading 140% above that low price at $41.13 per share. The 200-day and 50-day moving averages have moved 0.74% lower and 4.20% 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 39.6%. 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

[ Back To's Homepage ]

Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments:
Comments about this site:


© 2017 Technology Marketing Corporation. All rights reserved | Privacy Policy