Starbucks follows McDonald's? Short

Starbucks CorporationNASDAQ

Description

⋅ Aug 20, 2016 1:30 PM

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)