Closing Bell Trading Targets: Dendreon, AOL, and Green Mountain Coffee
AOL (NYSE:AOL) earnings were better than expected. As we noted this morning, $26 was the area to watch. It held support and made for a nice trade today. $26.60 is an area of resistance to watch heading into the close.
Dendreon (NASDAQ:DNDN) has been getting slammed recently after disappointing earnings. The stock caught a reasonable bid today off shorts taking some stellar profits. The close will be the wild-west.
If you are concerned with more than day trading DNDN, don’t miss Dendreon Executive Insights: New Account Data, Growth Guidance >>
Green Mountain Coffee Roasters (NASDAQ:GMCR) founder and Chairman Robert Stiller and director William Davis have been forced to resign from the company’s board. The stock can’t get sea legs. After three late day attempts to stay positive, it appears sellers are winning the battle at the close.
Investing Insights: Here’s Why Green Mountain’s Cup is Half Empty >>