displyn

SBUX has three overhead resistance levels to clear.

NASDAQ:SBUX   STARBUCKS CORP
13 0 0
Bullish if price open above 61.89, with a stop at prior Day's bar low at 61.49. Profit Target at 63 or 64, so 2 points to the "ATH". Personally, I wouldn't take the trade because I believe we already missed the move. I would used the 60 minute chart for my ENTRY when stochastic was in the oversold area on the 60 minute chart.

Levels to clear are 61.89; 63; 64.

Checkout my three trend-lines?

Beautiful chart but wait for the pullback. Next!

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