๐ SBUX โ Descending Flag Breakdown Confirmed
The Selloff Structure is Set. The Next Leg May Be Swift.
What weโre seeing here is a classic case of nested bearish structure across multiple timeframes:
๐ป Descending Flag (Daily & 4H)
โ Continuation patterns stacked on each other
โ Lower highs, lower lows compressing price toward collapse
๐ Volume Confirms
โ Volume tapering inside flag = exhaustion
โ Delta volume: โ23.5% โ distribution is real, not a fade
โ ๏ธ No Bullish Divergence
โ Momentum remains bearish
โ No MACD support, no RSI rebound โ nothing to slow the slide
๐ฏ Price Map
$83.86 = current
$64 = next major structure
$59 โ ultimate support test
$53 โ breakdown zone if earnings disappoint
๐ง Thesis:
This isnโt a random dip โ itโs a systematic unwind.
Franchise closures, margin compression, and retail tightening are feeding a fundamental downgrade beneath a clean technical signal.
I'm positioned for further breakdown.
Earnings could be the trigger.
And I donโt want the reversal. I want the flush.
๐งฑ๐ฆ ๐
Let the structure do its job.
#SBUX #ShortSetup #BearishFlag #BreakdownTrade #TradingViewAnalysis
The Selloff Structure is Set. The Next Leg May Be Swift.
What weโre seeing here is a classic case of nested bearish structure across multiple timeframes:
๐ป Descending Flag (Daily & 4H)
โ Continuation patterns stacked on each other
โ Lower highs, lower lows compressing price toward collapse
๐ Volume Confirms
โ Volume tapering inside flag = exhaustion
โ Delta volume: โ23.5% โ distribution is real, not a fade
โ ๏ธ No Bullish Divergence
โ Momentum remains bearish
โ No MACD support, no RSI rebound โ nothing to slow the slide
๐ฏ Price Map
$83.86 = current
$64 = next major structure
$59 โ ultimate support test
$53 โ breakdown zone if earnings disappoint
๐ง Thesis:
This isnโt a random dip โ itโs a systematic unwind.
Franchise closures, margin compression, and retail tightening are feeding a fundamental downgrade beneath a clean technical signal.
I'm positioned for further breakdown.
Earnings could be the trigger.
And I donโt want the reversal. I want the flush.
๐งฑ๐ฆ ๐
Let the structure do its job.
#SBUX #ShortSetup #BearishFlag #BreakdownTrade #TradingViewAnalysis
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.
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.