DNKN Exhibits Excellent Near-Term Relative Strength and Appears Poised for Upside Acceleration
The MPTrader Model Portfolio entered a long position at 41.57 on Oct 27.
Since then, Dunkin' Brands Group, Inc. (DNKN) has carved out a base-like accumulation pattern that is pushing prices up against key resistance along the July-Dec resistance line, now at 43.30.
If 43.30 is hurdled and sustained, DNKN should continue higher, into its unfilled gap area starting at 45.00.