GMCR Slight Bullish Consolidation, Into Support
Nicholas Santiago | Jun 13, 2012 03:30AM ET
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR ) surged higher today on a minor short squeeze. Since the solid pop, the stock has consolidated back lower into support. There is an in spirit of bullish flag pattern. This could result in a move higher later today. The key is the stock cannot go below $21.15. Upside targets would be $21.85 and $22.05. Be on alert and note the chart below.
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