Looking to enter a trade in $SBUX following a bull flag formation.
Waiting for:
- confirmation of price above trend line at $86,
- increase in volume,
- MACD and STOCK giving stronger signal
If trade is entered, will set stop loss below support around 84.15.
Taking profit around 90.30, 93.5$ and 99$ depending on price movement.
Time frame of the trade 4-8 weeks.
**** This is NOT a financial advice, but only my opinion. Please do your own due diligence before investing. ****
Waiting for:
- confirmation of price above trend line at $86,
- increase in volume,
- MACD and STOCK giving stronger signal
If trade is entered, will set stop loss below support around 84.15.
Taking profit around 90.30, 93.5$ and 99$ depending on price movement.
Time frame of the trade 4-8 weeks.
**** This is NOT a financial advice, but only my opinion. Please do your own due diligence before investing. ****
Lets go! $SBUX