Keurig Green Mountain Inc Loses Some Green
InTheMoneyStocks.com | Jun 10, 2014 12:50AM ET
Yesterday morning, leading specialty coffeemaker Keurig Green Mountain Inc (NASDAQ:GMCR) declined by $8.06 to $114.01 a share. The stock is now testing its daily chart 20-day moving average. The decline in Keurig Green Mountain Inc stock is taking place on heavier than average volume, which tells us that the stock is susceptible to further intra-day declines. Day traders should watch for solid intra-day support around the $111.20 area. This is a prior pivot support level from May 29, 2014. Often, prior pivot support levels will serve as solid support when retested.
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