Starbucks SBUX Pulling back then continue upward
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
Starbucks looks to be trading at a discount and I believe it's ready for a slight pull back here after the daily open spiking up a bit. I assume a pullback to about $85 is likely over the next day or two then a trend continuation is upon us.
You could open a small short position here if you want to hedge any existing holding you may have.
I'd be targeting anywhere between $88 and $90 for this move.
Trade safely friends.
<3 -CE-
Starbucks looks to be trading at a discount and I believe it's ready for a slight pull back here after the daily open spiking up a bit. I assume a pullback to about $85 is likely over the next day or two then a trend continuation is upon us.
You could open a small short position here if you want to hedge any existing holding you may have.
I'd be targeting anywhere between $88 and $90 for this move.
Trade safely friends.
<3 -CE-
CE - BitDoctor
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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.
CE - BitDoctor
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
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.