Steaming hot eye-opener for the bulls – GMCR
Vermont is justifiably proud of its bazillions of trees and stunning foliage displays, but I’ve never seen a single one of them produce a coffee bean. Nevertheless, traders with a bullish bent for the next week or so might consider buying up some Green Mountain Coffee Roasters, which bounced a bit off its 20 day SMA this morning. Place a stop below the 20 near $92; aggressive traders can shoot for a new high near $100 at the top of the trendline, and get a 3:1 reward.
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