demyanchuk

Starbucks follows McDonald's?

Short
NASDAQ:SBUX   Starbucks Corporation
Main signals:
1- strong monthly short trend,
2- local short trend
3- flag

Sell the breakout of bottom flag's line 54.70-54.60
Stop-loss 56.30 (+1 tic flag's high price)
Target 52.50 (sizing+strong supporting level)
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