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TMCNet:  Watch for Green Mountain Coffee Roasters to Potentially Rebound After Falling 1.04% Yesterday

[November 09, 2012]

Watch for Green Mountain Coffee Roasters to Potentially Rebound After Falling 1.04% Yesterday

Nov 09, 2012 (SmarTrend(R) News Watch via COMTEX) -- Green Mountain Coffee Roasters (NASDAQ:GMCR) traded in a range yesterday that spanned from a low of $23.65 to a high of $24.60. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $24.05 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean revision.

SmarTrend is tracking the current trend status for Green Mountain Coffee Roasters and will alert subscribers who have GMCR in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Green Mountain Coffee Roasters has traded in a range of $17.11 to $115.98 and is now at $23.81, 39% above that low. The 200-day and 50-day moving averages have moved 1.1% lower and 0.12% higher over the past week, respectively.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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