GMCR - Year+ Channel Broken, More Downside

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Within the last week, GMCR             has broken two important TL supports (the primary of which is the channel it has been trading within since Nov 2013). Additionally, the 9 EMA has crossed the 20 MA, faces strong RSI resistance on the backtest of its TL, a shooting star is forming on the daily and a possible head and shoulders in formation. Would take this trade, targeting $125.75, if my portfolio allocation allowed it. Time of writing, last price - $138.23.

1.9.15 - 11:36am EST
Second target hit on earnings miss - cumulatively a 20% profit since posting chart. $109.5 good place to exit - now nudged against RSI TL support 2.5.15 - 9:32am EST
Target hit this morning (9% profit). Will be watching for a potential H&S break of the $125 zone. 1.29.15 - 9:59am EST
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