Possible rising wedge
This is not a yearly or all time high C&H pattern. SBUX would need to break 94.13 plus 10 cents or so to totally break out
This is very well possible. This chart does not represent that though
Possible Stop below 77.3
Long term uptrend with some hiccups since the flu. Most restaurants have the flu and this one seems to be getting well, slowly but surely.
If it breaks old high, then re-eval from there
NV is high short interest is low
Not a recommendation
This is not a yearly or all time high C&H pattern. SBUX would need to break 94.13 plus 10 cents or so to totally break out
This is very well possible. This chart does not represent that though
Possible Stop below 77.3
Long term uptrend with some hiccups since the flu. Most restaurants have the flu and this one seems to be getting well, slowly but surely.
If it breaks old high, then re-eval from there
NV is high short interest is low
Not a recommendation
Note
correction. To totally break out/SBUX needs to break 94.16 and 99.72 sorry
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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.