SBUX - gap fill trade

I’m still not bullish on this sugar bloated unhealthy SBUX yet… but let’s see.

For now, I’m betting on this gap fill trade. Going to be a slow one. Probably may take a quarter.

Target 1 - 81
Stop loss - 101

Let’s revisit this later whether to decide bullish or not.
FibonacciSBUXSupply and DemandTrend Lines

Disclaimer