Razvan

STARBUCKS - Going for a trend line test

Long
BATS:SBUX   Starbucks Corporation
3
After a rebound from 2 trend lines layer, the price went back to test the downtrend line. The present symmetrical triangle should be the signal for the continuation. A breakout over the 50% would confirm target (51.37 - last support level ).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.