andrew.berg

DNKN woke up and looks ready for move higher

NASDAQ:DNKN   None
Dunkin' Brands was hot company during 2013 as it came from low $30s to mid $50.
In 2014 it started year on very strong nte but was sold off after dissapointing earnings.
Looks like it found some support and have built base with support at $44 and yesterday it borke up consolidation resistance at $45 with ignited, bull candle. With this candle it broke down channel and it may attract more attention and buying.

It should hold 1/3 to 1/2 of this recent move to prove that buyers are in control.
$45.00-$45.50 could be buyable zone. Break above $46.11 could lead to higher prices.

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