This morning, leading specialty coffeemaker Keurig Green Mountain Inc (NASDAQ:GMCR) is declining lower by $8.06 to $114.01 a share. The stock is now testing its daily chart 20-day moving average. Today's decline in Keurig Green Mountain Inc stock is taking place on heavier than average volume, this tells us that the stock is susceptible to further intra-day declines. Day traders should watch for solid intra-day support around the $111.20 area. This is prior pivot support level from May 29, 2014. Often, prior pivot support levels will serve as solid support when retested.
Nick Santiago InTheMoneyStocks
Submitted June 09, 2014 at 12:10PM by inthemoneystocks http://ift.tt/SskH7I
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