I’m a strong-believe that CSTR will break out. It’s already made new highs but I don’t think it’s done yet. It’s one of the few bullish stocks in the current market and it’s ready to go higher.
Here’s how to play it:
Stop at $66.54
Sell it at $79.54
You get either a 3% loss or a 16% gain.
Technicals are great and fundamentals are great. Coinstar is teaming up with Starbucks to bring coffee into the vending machine. Look at last week’s post for more information.