Sbux Trade Opportunity
Sbux has been trading in this descending triangle for about 1 year and it is getting tight. even with all the volatility on spy support has not broken so i drew levels to the upside for resistance. Sbux is also right under the 50 ema and with the breakout to the upside sbux has lots of potential.
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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.