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BeanTH
Dec 18, 2013 1:26 PM

SBUX Bear Flagging ($JO long) Short

Starbucks CorporationNASDAQ

Description

This stock has had a killer 2013 but as of recently with the spike in JO (Coffee) and the minor collapse in SBUX one can begin to look for a pair trade with long JO, Short SBUX. We shall see how this develops but as of now, the bias is to the short side and the case could easily be made for a bear flag in SBUX now.
Comments
pandahanh
the longer the better nhe
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