Vibranium_Capital

SBUX is looking bearish! 🩸

Short
BATS:SBUX   Starbucks Corporation
perfect rejection from multiple SMA resistance/lower highs and still being held below strong trend resistance..

the volume also looks like its only sellers! break of 88.97 sends us to 71-82, we may start to bottom out around there..

break of 104.88 and we get bullish, but my bias tells me the short trigger is coming soon. lets see.. boost and follow for more! ❤️‍🔥

side note: I am drinking a Starbucks while i chart this morning, xD
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.