I am not personally going to do this trade, only because I can't be in everything. I've never 'owned sbux shares' for a long haul. However, this would be a good buy low L ONG term pick up spot for anyone who wants to own SBUX
Its a disterbution phase, hence the big mony is getting rid of his holdings.
After the last big bearish candle the price is struggling to get back and before that we had false breakthrough on the high resistance, seems like its going to keep dropping.
Reallifetrading
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@AlexashaVas, It's always possible. But in a distribution phase, buy low, sell high. :) Mitigate risk. POWERFUL stock..... and company long term.
After the last big bearish candle the price is struggling to get back and before that we had false breakthrough on the high resistance, seems like its going to keep dropping.