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DNKN Exhibits a Potentially-Powerful Intermediate-Term Chart Pattern


We can make the case that all of the action in Dunkin' Brands Group, Inc. (DNKN) since April 2014 has carved out a massive accumulation/base formation that is putting increasing pressure on key resistance lodged between 48.00 and 49.00.

If hurdled and sustained, this should trigger upside continuation to a new high at 54.00, and possibly to 57.00-59.00 thereafter.

Against a backdrop of a mature, potentially-powerful base pattern, I am thinking that the technical set-up is indicating a positive reaction to earnings on April 20.

Time to get long DNKN.

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