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TMCNet:  Green Mountain Coffee Roasters Downward Momentum Looks to Continue (GMCR)

[May 19, 2010]

Green Mountain Coffee Roasters Downward Momentum Looks to Continue (GMCR)

May 19, 2010 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Green Mountain Coffee Roasters (NASDAQ:GMCR) on April 20, 2010 at $28.92. In approximately 4 weeks, Green Mountain Coffee Roasters has returned 18.8% as of today's recent price of $23.48.

Green Mountain Coffee Roasters is currently below its 50-day moving average of $29.32 and below its 200-day moving average of $25.28. Look for these moving averages to decline to confirm the company's downward momentum.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Green Mountain Coffee Roasters.

Write to Chip Brian at cbrian@tradethetrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup

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