Will DNUT test $1.86? Looks like DNUT will continue to go lower before going back up.
I like buying at $2.75 - $2.25 range and scale into a trade as price gets to $1.86
Have some before it goes back to it's fair market value or tangible book value $6.68
Feels like more down before an upwards move back to the upside
DNUT trade ideas
Krispy Kreme BluesBaby 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.
$DNUT - Would you trade it?NASDAQ:DNUT Krispy Kreme is trading within a channel. If the earnings report (ER) is good, I could see it heading to the first target. 👀
There is certainly a risk of the stock dropping to the lower trendline of the channel if the ER is bad.
Knowing the risk, would you trade this?
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
Krispy Cream Donut Weekly God Candle Has me lookingHi guys. Always on the lookout for major changes/shifts or Macro signals. Yesterdays 40% increase in Krispy Cream Donuts, has me taking a look into this one.
This analysis is on the 1 week. Note, the current candle is not yet confirmed. Weekly close is obviously on fridays.
I have highlighted 2 zones. COnsolidation range and a Supply zone. We do need to pay attention to these 2 ranges.
BEcause atleast from previous history the supply zone is a resistance zone and thus a sell area. We would need decisive candle closes ABOVE for multi weeks for me to gain confidence that it has flipped to Demand or Support.
Same goes for breaking out of the consolidation range. More info is needed such as confirmation.
But nevertheless, What had me looking DNUT's way, was candle moving past the major resistance trendline that has haunted us since the stock being traded publically.
I would like to note on the weekly timeframe, confirmations have not come in yet, and until proven otherwise it can be a fakeout and can always come back into the consolidation zone. AGAIN, End of week will give us better information.
But it does not take away the fact that DNUT is moving. And atleast for now, DEMAND exists.
VOLUME needs to follow with continued increase.
Things to note in our indicators:
RSI, breaking a major trend by signaling a higher high. But again end of week will clarify this. If it prints, i see it as a positive sign.
STOCH RSI - crossing bullish with is almost above 20 lvl. This indicates possibility of momentum coming in to support an uptrend.
MACD - Has Bullish cross, however we need to see whether or not we can get ABOVE 0 lvl. This would indicate a high probability for a sustainable uptrend.
Being that this weeks candle has not yet closed. It is absolutely important to continue to observe. But DNUT has made it to my watchlist for sure.
Is Krispy Cream Donuts, the Donut for me and you? Well time will tell. LOL.
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DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
Krispy Kreme Partners With KIT KAT Brand Krispy Kreme® (DNUT) has collaborated with KIT KAT® to present a new collection of three delicious doughnuts filled with creamy chocolate and crispy wafers, providing fans with a way to take a break from their busy schedules.
Starting April 10 and for a limited time, Krispy Kreme's new KIT KAT® Collection will be available in participating shops, for pickup or delivery via Krispy Kreme's website and app. The collection includes three new flavors:
1. KIT KAT® Crunch Doughnut - This is an Original Glazed® Doughnut dipped in rich HERSHEY'S Milk Chocolate icing and then topped with chopped KIT KAT® pieces and chocolate flavored crispies.
2. KIT KAT® Cookie Dream Doughnut - This is an unglazed doughnut filled with cookie dough flavored Kreme™, hand-dipped in HERSHEY'S Milk Chocolate icing and covered with chopped KIT KAT® pieces, cookie crumbles, and semi-sweet HERSHEY'S chips. It is finished with a delicate drizzle of cookie dough flavored icing.
3. KIT KAT® Salted Caramel Brownie Doughnut - This is an Original Glazed® doughnut topped with brownie-batter-flavored buttercream, covered with chopped KIT KAT® and brownie pieces, and finished with salted caramel flavored ribbons.
Dave Skena, Global Chief Brand Officer for Krispy Kreme, said, "Life is busy. Take a break with our new KIT KAT® Collection. Every creamy, crispy, chocolatey-sweet bite will help turn that busy day into a sweet one."
Krispy Kreme fans can purchase a limited-time Krispy Kreme 6-pack featuring the KIT KAT® Crunch Doughnut and KIT KAT® Salted Caramel Brownie Doughnut at select grocery stores. The doughnut assortment is available at participating local Walmart, Kroger, Food Lion, Publix, Stater Brothers, and other stores. www.krispykreme.com can be visited to locate a shop or grocery store location nearby.
By using #KrispyKreme and tagging @krispykreme on social media, Krispy Kreme KIT KAT® doughnut lovers can show their love.
Technical Outlook
Krispy Kreme ( NASDAQ:DNUT ) stock is up 3.68% in Wednesday market trading riding on the bullish wave with a Relative Strength Index (RSI) of 56.84 trading above the 200-day Moving Average (MA).
$DNUT Jumps After Piper Calls McDonald’s Pact a ‘Game Changer'Krispy Kreme Inc. ( NASDAQ:DNUT ) finds itself at the center of a brewing investor frenzy following its groundbreaking partnership with McDonald's Corp., signaling a potential paradigm shift for the beloved doughnut company. As Piper Sandler Cos. hails the collaboration as a "game changer," Krispy Kreme's stock skyrockets, prompting a wave of optimism among investors eager to capitalize on the company's newfound momentum.
A Strategic Alliance Unveiled:
In a move hailed as transformative, Krispy Kreme's ( NASDAQ:DNUT ) decision to join forces with McDonald's marks a pivotal moment in its trajectory. With plans to distribute its delectable doughnuts nationwide through McDonald's restaurants, Krispy Kreme ( NASDAQ:DNUT ) opens the floodgates to unprecedented growth opportunities. Piper Sandler's bullish stance on the partnership underscores its potential to propel Krispy Kreme to new heights, heralding a period of sustained expansion and profitability.
Analysts' Optimism Fuels Investor Confidence:
Piper Sandler's resounding vote of confidence in Krispy Kreme ( NASDAQ:DNUT ) sends shockwaves through the market, as analysts Brian Mullan and Aisling Grueninger elevate their rating on the company to overweight. Anticipating a surge in demand and widespread availability of Krispy Kreme's ( NASDAQ:DNUT ) signature treats, investors flock to the stock, driving prices to new heights. With a revised price target of $20, Piper Sandler foresees substantial upside potential, igniting a wave of investor optimism.
Expanding Horizons:
The McDonald's partnership not only amplifies Krispy Kreme's market reach but also paves the way for unprecedented growth in the years ahead. By leveraging McDonald's vast network, Krispy Kreme ( NASDAQ:DNUT ) aims to infiltrate 5,000 restaurants across the US, effectively expanding its points of access and solidifying its position as a household name. With plans to ramp up doughnut production capacity, Krispy Kreme's management exudes confidence in its ability to capitalize on this monumental opportunity.
Sustaining Momentum for the Future:
While McDonald's serves as the catalyst for Krispy Kreme's meteoric rise, the implications extend far beyond the immediate horizon. As Krispy Kreme ( NASDAQ:DNUT ) embarks on a trajectory of accelerated growth, fueled by strategic partnerships and enhanced production capabilities, investors brace for a future brimming with promise. With each bite of a Krispy Kreme ( NASDAQ:DNUT ) doughnut, consumers indulge in a taste of sweet success, underpinned by a legacy of innovation and unwavering commitment to excellence.
DNUT - Krispy jumped and then got a sugar high LONGDNUT from no where on a 15 minute chart moved late on Monday and then continued on
Tuesday, the trend indicator is thick suggesting continuation again for another day. Donuts sold
good for St. Patrick's Day. I am in this since yesterday. Added at the opening bell and the
lunch hour. It is risk free as the stop loss is above the average entry. Looks like more
bullish continuation tomorrow.
McDonald’s Set to Sell Krispy Kreme Nationwide: $DNUT SurgeMcDonald's is all set to sell Krispy Kreme Doughnuts ( NASDAQ:DNUT ) at its restaurants nationwide by the end of 2026. This partnership is a major opportunity for Krispy Kreme ( NASDAQ:DNUT ) to expand its reach and increase its production capacity. The rollout will kick-start in the second half of this year, and it will take roughly two and a half years as Krispy Kreme more than doubles its distribution to satisfy the partnership. McDonald’s will be the exclusive fast-food partner for Krispy Kreme in the U.S. for the duration of the agreement.
The doughnut chain uses a "hub and spoke" model that lets it make and distribute its treats efficiently. Production hubs, which are either stores or doughnut factories, send off freshly made doughnuts every day to retail locations such as grocery stores and gas stations. Krispy Kreme ( NASDAQ:DNUT ) has been expanding its capacity so that it can deliver fresh doughnuts to the roughly 7,500 McDonald’s restaurants that it can’t currently reach.
McDonald's customers will be able to order the original glazed, chocolate iced with sprinkles and chocolate iced cream-filled doughnuts, either individually or in packs of six. The restaurants will sell the doughnuts all day. The addition of Krispy Kreme doughnuts ( NASDAQ:DNUT ) helps bolster McDonald's bakery and breakfast offerings. The burger chain has been leaning into coffee, a common drink pairing for doughnuts, but trimming other bakery items such as cinnamon rolls from its menu.
Technical Outlook
In the long term, Krispy Kreme ( NASDAQ:DNUT ) now expects it can reach more than 100,000 points of access for its doughnuts globally, up from its prior outlook of 75,000 locations. The chain’s doughnuts can currently be found in more than 14,100 stores across 39 countries. Shares of Krispy Kreme ( NASDAQ:DNUT ) jumped almost 22% in premarket trading Tuesday after the announcement. With a bullish Relative Strength Index (RSI) of 74 indicating the bulls are in control of the market, investors have to be careful because it may also mean an overbought situation in the long term.
Overall, this partnership is a significant achievement for both the companies. With McDonald's being the primary reason for Krispy Kreme's expansion, the doughnut chain will also be using the opportunity to land in grocery and convenience stores that prefer national suppliers, which means that the overall efficiency and productivity of the distribution network will significantly improve over time.
Long Trade in DNUTWho makes the best donuts on Earth? Don’t you dare say Dunkin’. Krispy Kreme is king, and I won’t hear anything to the contrary.
Regardless of who makes your favorite cream-filled pastry, take a look at the weekly chart of DNUT above.
This setup is fairly straight forward. The stock has not been able to breach the $16 level despite several attempts over the last six months. A close above $16, especially on above average volume, would be my trigger to buy.
DNUT is beginning a new Stage 2 uptrend here, and buying the first breakout of the second stage can often lead to a multi-month run. As a longer-term trade, I would consider risking up to 15% on it.
If it plays out as expected, DNUT should make new all-time highs.
Donut Time in America. Ditch the New Year's Diet ResolutionsIts usually time to fade the American urge to "Eat Healthy this Year" by the time the leaves start showing up on the trees again.
Add to Krispy Kreme between 12-13 dollars.
"As society becomes more and more complex, cheating will in many ways become progressively easier and easier to do and harder to police or even understand."
Strength on Krispy Kreme $DNUT has seen very good signs of strength from the support of the 20SMA. Also you’ll notice that the RSI Is holding above the 14SMA while it sits on top of the 50RSI. With this being a newer stock on the market and many years in business. We could see the company making expansive moves to catch the eyes of investors moving forward.
I see a lot of potential in the company to keep growing into something more than just donut shops and store products.
Krispy Kreme price discovery since it's July IPOKrispy Kreme (DNUT) has gone through a volatile price discovery phase since it's IPO in July. Here's important price levels on the 4hr chart.
52 week H = $21.69
52 week L = $12.63
Price levels 4hr chart:
SMA200 = $14.87
SMA150 = $14.57
SMA100 =$14.60
SMA50 =$15.52
Trend channel 4hr chart:
breakout = $18.19
R3 = $17.70
R2 = $17.21
R1 = $16.72
pivot = $16.24
S1 = $15.75
S2 = $15.26
S3 = $14.78
breakdown = $14.29
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
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