Starbucks has been going up since 2009 and is currently undergoing a correction.
Earnings aren't until April 24th so there is a lot of time.
The dashed line is holding as resistance and once this is defeated expect the uptrend to continue.
Right now I would short as close to this line as possible and see where it takes us.
Earnings aren't until April 24th so there is a lot of time.
The dashed line is holding as resistance and once this is defeated expect the uptrend to continue.
Right now I would short as close to this line as possible and see where it takes us.