Long

SBUX - Getting ready for a squeeze

Updated

SBUX finally broke through that major resistance @ 114.70 w/ volume. We have also entered time cycle one on the TTM Squeeze. We're in the 7/16 115C and up 45% @ close. SBUX still has a lot of momentum to test 117 area and possibly take out the high. I can see this happening within the next week or possibly early if the market keeps trending higher.

Trade closed: target reached

I forgot to update this but price target was reached a couple days ago with over 100% profit! Congrats on whoever took it!

Ross-Santos

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