Based on pure technical analysis, Starbucks is on an up trend based on candle stick movement. For the past 6 months we can see higher highs and lower lows. I believe Starbucks is going to have another higher low very soon, followed by another large bull run.
I will keep you posted with my trades here as well as linked segments, like daily candlestick performance. Make sure to follow if you are watching Starbucks. Let's hit $88 together!
I will keep you posted with my trades here as well as linked segments, like daily candlestick performance. Make sure to follow if you are watching Starbucks. Let's hit $88 together!
Comment:
Small decline today as predicted. Looking at that higher low I mentioned. May not go any lower based on the weekly chart + daily candle stick view, the bull wick is getting bigger day by day and we are very close to taking off. Predicting a big jump, up to a 4% increase in a single day. Will do an update tomorrow.
