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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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American Capitalism Runs on Dunkin’

chessNwine Thu May 26, 2011 3:04pm EST 2 Comments

Do you think that silver or any other headline commodity is leading this bull market? Perhaps some fancy technology sector or clean energy industry? I beg to differ. Coffee sellers are leading the charge, in front of the highly anticipated Dunkin’ Donuts IPO this summer. See for yourself, regarding the price action and volume patterns on the following charts:

(Disclosure: I am long PEET)

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2 comments

  1. RaginCajun
    RaginCajun
    May 26, 2011 at 3:04 pm

    You nailed $PEET, well done.

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