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Thread on stocks which went nowhere over several years yet later went up
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Analysis: #NASDAQ $SBUX
Case 197 #Starbucks Corporation
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#SBUX 1/4
Case 197 #Starbucks Corporation
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#SBUX 1/4
Chart 1
Weekly Chart: The loss of #support at 77.30/02 (#trendline and #Fib 0.236) has seen a violent reaction to the downside with price currently sitting on Fib 0.382 at 62.98. Expecting further losses towards .....
SBUX 2/4
Weekly Chart: The loss of #support at 77.30/02 (#trendline and #Fib 0.236) has seen a violent reaction to the downside with price currently sitting on Fib 0.382 at 62.98. Expecting further losses towards .....
SBUX 2/4
..... 55.70, 52.63 -51.80. Strong #resistance begins at 76.20/95 then 80.75 - 81.70.The SMA 50 cut below #SMA 200 adding to the bearishness.
SBUX 3/4
SBUX 3/4
