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sahamdanlatte

SBUX: looking for rejection at demand area

Starbucks Corporation (NASDAQ:SBUX)  
sahamdanlatte Updated   
NASDAQ:SBUX   Starbucks Corporation
Trend Analysis
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trendanalysis
Price approaching demand area to close the gap.
Looking for rejection at this region ($86-$90).
TP1 around $120.
If price fails to rebound at these levels, price looks to fall below the next demand area as marked in the chart.
Comment:
It did reject the lower demand area and climbed back. Took time of course.
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