Fox_Technicals

$BROS: over $SBUX?

Long
Fox_Technicals Updated   
NYSE:BROS   Dutch Bros Inc.
Since Dutch Bros went public it's built a nice range and as political risks mount on Starbucks' China growth, it could provide an opportunity to hedge potential risk to the discretionary sector as a whole. Over time I believe BROS has the opportunity to outperform and could be a hedge fund darling if positive COVID news from Merck continues..
Comment:
Wow fantastic trade! Couldn't blame anyone for taking profits, however, I do think it's possible the deflation trend could continue potentially benefitting BROS

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