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Diedrich Coffee Breaks Above 3-day Trading Range at $35.90 (DDRX)

Written on Wed, 05/12/2010 - 11:34pm
By Chip Brian

Diedrich Coffee (NASDAQ:DDRX) traded in a range yesterday that spanned from a low of $34.61 to a high of $36.12. Yesterday's high of the day pierced the 3-day high of $35.90 on volume of 156,000 shares.
Shares of Diedrich Coffee have been range bound for the past 3-days between a high of $35.90 and a low of $33.94 and have traded with a 30-day average daily volume of 45,000 shares.
Look for shares of DDRX to trade within a new higher trading range with support at $35.90 and move along with its peers in the Food Wholesale SmarTrend industry.
SmarTrend is bullish on shares of Diedrich Coffee and our subscribers were alerted to Buy on November 06, 2009 at $26.12. The stock has risen 37.7% since the alert was issued.

Keywords: diedrich coffee trading range stock news

Ticker(s): DDRX

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