I am scaling in a small position in $DNKN Dunkin Brands. I initiated the position the morning of 2015.03.10. My strategy: "#3 Supply Headwind" from early December 2014 flipped to "#3 Demand Tailwind" in early January at the same time "2 Demand" kicked in. In retrospect, hat was the time to buy! However, the next best thing happened. DNKN made its first pull...
Perfect Gap N Go on DKNK if we open at 43.01 To Learn this strategy for free, go to www.RealLifeTrading.com
It might have mini run-up to 47 - 48, if it got rejected, short it.
We are completing a AB=CD pattern right at the daily .618 fib level as well. I expect 43.50-44.50 to hold strongly