Starbucks Corporation
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SBUX: Short term correction wave play

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Calling this a ABC correction wave only because it has broken out of a long term up trend line + H&S pattern. Also, broad market seems to be weak overall.

It might turn out to be a 12345 Elliot Wave, bringing it back to retest recent high, but we shall see.

Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.

If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
交易结束:到达目标
Closing the trade slightly earlier

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