SBUX looks to be continuing to respect the upwards trend that is has been on since March of 2020. Once again we are seeing it bounce off its trendline and move higher. With earnings season also approaching I think we can see SBUX bounce and continue to climb higher. I like this LONG WITH TIME ON CONTRACTS!
Comment:
SBUX appears to still be respecting the uptrend. Remember to scale out your profits and don't get greedy. Another successful trade. Move stop losses and don't let your green trade go red.