Green Mountain Coffee Roasters Turns Positive As Markets Fall (GMCR)

Green Mountain Coffee Roasters GMCR has been on the rise over the last three months, gaining over 40%. The stock is trading around prior resistance from March and April and if it can get through these levels, it may breakout to the upside. The 52-week high in the stock is $33.98. Look for that level to be challenged soon. During today's trading session, GMCR is showing strength despite broad market weakness. GMCR has gained 0.29% to $32.54. The broader indices, however, are deep in the red with the Dow falling 90 points to 10,180. The S&P has shed 8.37 points to 1,067.
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Posted In: Intraday UpdateMoversConsumer StaplesPackaged Foods & Meats
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