SBUX just had a golden cross! (50day MA crossing above 200day MA). Could still be volatile as the 200day MA will take some time to flatten out and turn up. Stop loss should be about $1 below the recent pivot low of $83
Watch out for earnings nearer end of this month. Could be prudent to take some profits before earnings announcements.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
Watch out for earnings nearer end of this month. Could be prudent to take some profits before earnings announcements.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.