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!
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.