Krispy Kreme, Inc.
Long
Updated

Krispy Kreme Blues

154
Baby it's cold outside...them Krispy Kreme Doughnuts and Coffee looking good right now.

This company has been beaten up but, they have an under valued rating currently and the momentum in the MACD seems to be slowing at least for temporary relief. Maybe this will give us some upside gains in the future. Looking at a stop loss around $8.44 and upside to $9.82 then $10.87 and finally $11.81. I like this one because consumer defensive sector has been climbing in this current economic environment. If you like it, boost it.
Trade active
Normally I would have stopped out at $8.44 and moved on to the next. However, this company is a strong company with great products. Generally, in history they have performed well during recessions. This is a great buy and hold.

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