Potential buy signal in SBUX
A well defined risk bullish entry on Starbucks. Not the best risk/return profile, but in case you want to take a long position two clear targets are set.
Recommended trade:
Buy Price: $82.50
Upside
Take Profit 1: $88.00 (7% upside)
Upside
Take Profit 2: $100.00 (21% upside)
Risk
Stop Loss: $78.50 -5%
Recommended trade:
Buy Price: $82.50
Upside
Take Profit 1: $88.00 (7% upside)
Upside
Take Profit 2: $100.00 (21% upside)
Risk
Stop Loss: $78.50 -5%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.