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Starbucks Corporation

SBUX ER run up! New ATH coming?

By jUiCE_Trades
Updated
Peppermint mochas out of season? oh well Starbucks released 5 new drinks to start off 2021! Now with earnings coming up we could see a nice rally. Sitting at the bottom of my channel here, could see a nice bounce near 101 and break of the recent downtrend line to retest ath, break over 107 I can see 110. Trading plan annotated in the chart!
Note
snapshot still waiting on this, you could scale in on these dips if you want to play aggressive premium on calls went up this morning
Trade active
snapshot INV h&S ?
Beyond Technical AnalysisCoffeeluckincoffeeSBUXsbuxbuysbuxlongstarbucksTrend AnalysisWave Analysis
jUiCE_Trades
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