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Chartpatternz
Apr 15, 2021 4:24 AM

Starbucks trading in an upwards channel 

Starbucks CorporationNASDAQ

Description

Trading in an upward channel. Expecting it to bounce back down upon touching the top on the channel. Coincidentally, this ticker is also at its all time high.
Possible short entry right here, but do your own due diligence and stick to a stop loss.
*I personally do not like to short stocks, but I will keep a lookout on this ticker and wait for it to touch the bottom of the channel before entering a long position.
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