this is my trading idea for SBUX for next week. Currently the price are still ranging in the channel and at this point I would take a call position at current price and the take profit will be just right at the top trendline.
so this is my simple analysis on QCOM. I would go for a putt position because the price had broke the trendline and make a retracement on the breakout level. The red horizontal line will be the stoploss for this trade while the support level below will be the take profit zone. Thank you so much . Follow me .