Technically Speaking
SBUX has run into a falling trendline, which is holding the topside for now.
I do not typically short stocks, but for a technical short trader, these levels might be interesting.
If I was shorting, I would key on $52.50. If that level breaks, 40-42.50 is a downside target.
SBUX has run into a falling trendline, which is holding the topside for now.
I do not typically short stocks, but for a technical short trader, these levels might be interesting.
If I was shorting, I would key on $52.50. If that level breaks, 40-42.50 is a downside target.
