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The Long Investor
The Long Investor

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$SBUX - BREAKOUT -

$SBUX has reported and it's a double beat.

But most importantly we have a 4 year wedge breakout too at $106, but crucially the price needs to hold above this level now, so far it is just a breakout.

I have added the impulse wave now if the price can hold on the outside of the wedge and the Wave 3 target is at $137.

$SBUX -  BREAKOUT -

Comments

Jim Cramer just tweeted - Buy Starbucks. Period, end of story !

Sunja C


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