Dutch Bros (NYSE:BROS) is a popular American coffee chain founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon. Known for its drive-thru service and vibrant, upbeat brand, Dutch Bros offers a wide range of coffee, energy drinks, teas, and other beverages, often served with a variety of flavored syrups and customizable options. The company prides itself on creating a friendly and fast-paced atmosphere, emphasizing customer service and community engagement. Since its humble beginnings, Dutch Bros has grown rapidly, with locations primarily in the western United States. The brand has garnered a loyal following, becoming a significant player in the coffee shop industry..
Model Book Trade Dutch Bros VCP Breakout
Bros set up as a flag breakout
Note: the VCP could have re-tested the 21 EMA, found support at the 21 EMA, then traded above the 10 EMA and found support at the 10 EMA before breaking out.
Here is the analysis on the entries and exits
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