$DNKN 'Merica Runs on Dunkin$DNKN 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.
Dunkin
Fast Food Stocks: Dunkin'Dunkin'Trading Plan.
Dunkin' Donuts, sometimes abbreviated as DD and officially known since 2019 as simply Dunkin', is an American multinational coffeehouse and donut company.
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DNKN - Looking to bounce off of short term supportDunkin' looking to grab its next caffeine fix and get to the next price target...
Dipped below bollinger band, look for a potential channel trade play soon and bounce back to $76.40
TRADE SET UP:
Entry @ 73.65
Exit @ 76.40
Looking for an easy swing trade set-up, currently neutral
CAR.UN - Higher HighsWhat can be said? higher highs and higher lows. Bond alternative and focused in the residential REIT market. Renting is a bigger market than ever in Canada with record house prices and stale wage growth. The dividend is pretty competitive. Lots of upside to come, especially with Canadian rates to come down. I will hold and reflect on the price in the fall. Buy the dips and sell the rips.
