$SBUX STARBUCKS COFFEE ADDICTION HAS SET IN ***GET OUT*** Starbucks has been on a outrageous growth strategy for several years but just how many Starbucks do you need on the one street?. The coffer market has become over saturated with large franchises dominating the market, in many towns and cities there is a movement towards more sustainable business practices and supporting "indigenous businesses". The stock has broken from long term channel and we believe is completing the 5th wave of the super cycle. Any pullback should result in a considerable gains for a short position. We sit on the sidelines waiting for indicators and price to turn more bearish for entry point.
