Trying to keep it simple.

126 5
Hey Barker - right now it really looks good short opp in here...its not crossing 75.5. I am sure next week is a profit booking for at least 2 days and if it continues, it can go till weekend. Base on Monday, can decide to buy PUTS Or shorting it. Agree with this
LetsBeMillionaire LetsBeMillionaire
This is going to 80 now for sure and will meet the prev peak level. Tim and you were suggesting to short since long time.
Barker LetsBeMillionaire
Absolutely. As soon as SBUX broke through that overhead resistance the short was off. At least from my perspective.
Barker LetsBeMillionaire
To be fair, you should read my initial comments on Tims chart from 3 weeks ago.

The only reason I made a Short chart was to show if I were to go short, where I'd take the trade. SBUX has clearly broken out of the pattern.
it wasnt crossing 75.5 yest so i wanted to wait till Friday to see where it is ending and then i was suppose to buy PUTS but got saved with today's analyst action. Market is really strong.
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