By Tim - http://stockstobuy.orgThe following is technical analysis on Green Mountain Coffee Roasters Inc. (GMCR) - November 10, 2011
Green Mountain Coffee Roasters Inc. (GMCR) Support & Resistance Levels - 11/10/11
Resistance Levels: $48.04
Support Levels: $40.55, $40
Chart - http://www.stockcharts.com
Green Mountain Coffee Roasters Inc. (GMCR) stock is dropping hard today after the company saw weak orders during the quarter and continues to burn through cash. Green Mountain Coffee Roasters Inc. (GMCR) bounced near $40 this morning which is where I'd keep my stop right now. GMCR will have resistance up at $48.04 going forward.
Green Mountain Coffee Roasters Inc. (GMCR) Support & Resistance Levels - 11/10/11
Resistance Levels: $48.04
Support Levels: $40.55, $40
Chart - http://www.stockcharts.com
Green Mountain Coffee Roasters Inc. (GMCR) stock is dropping hard today after the company saw weak orders during the quarter and continues to burn through cash. Green Mountain Coffee Roasters Inc. (GMCR) bounced near $40 this morning which is where I'd keep my stop right now. GMCR will have resistance up at $48.04 going forward.
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