SBUX is looking bearish! 🩸 Short

Starbucks CorporationNASDAQ

Description

⋅ Feb 14, 2024 5:59 PM

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

Comments

IkkeOmar

⋅ May 7, 2024 4:52 PM

Wonderful call! Good job G

amirhemo

⋅ Feb 16, 2024 3:17 PM

Mate great work, maybe I have lack of knowledge or understandment but why 82.81 is pivot how you know where is the pivot? I mean for example if you click pivot indicator it’s shows the whole chart with lines. May you explain please?

ElJameso37

⋅ Feb 15, 2024 2:59 AM

looks like it's about ready to drop to me too