Wed, Sep 3, 2014, 4:20 AM EDT - U.S. Markets open in 5 hrs 10 mins


% | $
Quotes you view appear here for quick access.

Krispy Kreme Doughnuts, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • bluehorseshoe12 bluehorseshoe12 Aug 15, 2007 8:13 AM Flag

    KKD Technicals

    Watch out doughnut fans! It's time for another rousing installment of EVERYONE's favorite branded commentary, "KKD TECHNICALS"!

    When last we looked at the old KKD chart, the bears were seemingly in jolly spirits and celebrating the apparent success of the mid-term head-and-shoulders pattern, which Blue had used to predict a (possible) move down to $6. Here's a good look at the H&S. (It's a classic example! Truly a chartist's delight! hee hee! :o)

    That was then....

    But now there's a dust cloud on the horizon, and it looks like the Cavalry is riding hard to the Bull's rescue! Not really... but there is a distinct formation showing up... Can it be? Yup! It's our old friend, the Bull Flag! (Here's a shorter-term chart showing the flag.)

    So with the completion of the bearish H&S (reaching $6), and the appearance of a 3-day reversal leading into the formation of a Bull Flag, it looks to Ole Blue like some higher prices are in the cards. I'd look for a snap back to the $8-$9 area, which would bring it back to the down-trend line drawn off the Jan/Apr/Jun highs.

    Now don't just sit there! Get out there, and start your day with a couple of fresh doughnuts and a coffee!

    Ta-ta for now!
    your pal,

17.33+0.32(+1.88%)Sep 2 4:03 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.