ETF Trading using simple Supply and Demand strategy.
The Downtrend was assumed over when higher highs were made.
Now that we have a pullback, it may be time to enter the market.
[ALWAYS use stop losses to protect your account at all times.
The good thing about this stock is that it usually recovers in a fairly quick amount of time. This stock doesn't always recover right away. I personally think Starbucks is coming to an area of previous support, so I believe price will follow history and recover back to the pre-earnings prices. Remember if you take my ideas to live trading, please remember that...