$DNKN 'Merica Runs on Dunkin
Updated
DDNKN Dunkin Brands finally seeing some daylight above resistance around $72. Support retest appears successful.
Combine that with a Golden Cross on the Daily Chart and it's looking near term bullish in my opinion.
Also, with many schools starting back up, parents electing to drive kids vs bus, more people out in their cars, etc...I think demand should really start to pickup - to at or near pre-COVID levels.
Targeting an approximate 10% move to the $79-$80 area by early Sept.
Looking longer term, I can easily see this back at its 52 week high ~$85 by early Oct.
Combine that with a Golden Cross on the Daily Chart and it's looking near term bullish in my opinion.
Also, with many schools starting back up, parents electing to drive kids vs bus, more people out in their cars, etc...I think demand should really start to pickup - to at or near pre-COVID levels.
Targeting an approximate 10% move to the $79-$80 area by early Sept.
Looking longer term, I can easily see this back at its 52 week high ~$85 by early Oct.
Note
Note: Not investment advice.
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