JonFibonacci

SBUX / Starbucks Long Opportunity

Long
JonFibonacci Updated   
NASDAQ:SBUX   Starbucks Corporation
Starbucks usually recovers when it takes heavy hits

The reaction time may be SLOW but it's low-risk buying at this point in price.

Always use stops!

Cheers.
Comment:
Seeing profits so far. Moving a little slow (as usual).

The markets are a little choppy right now with trade war uncertainty and other white house drama. Over the long haul, Starbucks should be a good stock to hold for a long time. When we create all-time highs, I will look to sell the expensive shares and move elsewhere.

Cheers.

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