mikeffi

SBUX pause may be long entry opportunity

Long
NASDAQ:SBUX   Starbucks Corporation
0
Earnings shot expectations out of the water on EPS and revenues and but for a miserable general market, SBUX should logically be pushing higher. The price has retained its place over the 5EMA and If we see a move above Fridays close there could be a low cost opportunity to the upside for am OTM bull call spread.

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