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ridethemwaves
Oct 17, 2018 12:43 AM

Long SBUX Long

Starbucks CorporationNASDAQ

Description

Directional Bias: Long
Price Target: 62
Good Entry: 54-56
Risk/Reward: $2 max risk/$7+ reward

Bill Ackman on the comeback grind coupled with good technicals/price action. The daily 50 sma is providing rising support currently above 55. Trade Valid as long as 54 holds.
Comments
TradingMula
still waiting for that entry?
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