SmarTrend Detects Continued Buying Pressure in Shares of Krispy Kreme Doughnuts (KKD)
Wednesday, March 17, 2010 - 14:34
Written on Wed, 03/17/2010 - 2:34pm
By Chip Brian

SmarTrend identified an Uptrend for Krispy Kreme Doughnuts (NYSE:KKD) on February 17, 2010 at $3.26. In approximately 4 weeks, Krispy Kreme Doughnuts has returned 21.4% as of today's recent price of $3.96.
Krispy Kreme Doughnuts is currently above its 50-day moving average of $3.20 and above its 200-day moving average of $3.24. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Krispy Kreme Doughnuts shares.

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