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inthemoneystock (< 20)

Alert: Green Mountain Master Level



May 07, 2012 – Comments (0) | RELATED TICKERS: GMCR.DL

Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) continues its slide following an ugly earnings report last week. Many traders and investors are looking for the entry point to go long. This is a falling knife and must be bought very carefully.

The master level on Green Mountain Coffee Roasters Inc. is $22.50. The stock is currently trading at $24.55, -0.55 (-2.19%). Once this level hits, there will be significant price support and a bounce is likely. Until then, it can continue to be in free fall.

Gareth Soloway

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