Dutch Bros
Updated
Dutch Bros witnessed a rebound after testing the uptrend line at 37.65, violating the resistance level 39.30, and remaining above this level, will push the stock to test the last peak at 40.75, which is he level that needs to be violated to confirm the current uptrend, which will trigger further rises near 41.44 - 43.50 - 45.85 - 49 - 54.20.
The stop loss lies below 37.65.
The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.
The stop loss lies below 37.65.
The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.
Note
the new buy signal has been triggered by the violation of the last peak 41.15, as it confirmed the uptrend, with higher targets near 43.50- 45.45- 48, with trilling stop loss below 40.90.
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