ddcakez

Buy The Dip(SBUX)

Long
NASDAQ:SBUX   Starbucks Corporation
I have done further analysis on SBUX and why I like this stock on another one of my ideas so I think this is a great buy the dip opportunity. We are seeing a decrease in selling momentum, Willy buy signal, and the daily weis wave dictates little bearish interest on this stock. I like this stock but one thing we do need is for the Williams %R oscillator to signal another crossover for greater confirmation. Watch out for an increase in selling momentum, but for the time being I am holding this stock. I am personally watching the 120 zone for price targets, but it is always best to exit trades when you are given the signal to do so.


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