$SBUX is hitting the resistance of the upside of ascending triangle.
We can clearly see the volume is getting lower which means it has a higher possibility that it might fail to have a breakout.
Fundamentally speaking $SBUX is a seasonal stock.
It might have a pullback while summer is arriving.
For self-education use only. Not financial advice.
We can clearly see the volume is getting lower which means it has a higher possibility that it might fail to have a breakout.
Fundamentally speaking $SBUX is a seasonal stock.
It might have a pullback while summer is arriving.
For self-education use only. Not financial advice.
Trade closed: stop reached