Starbucks Gap with Inverted Hammer
After exceeding market expectations in terms of earnings, 
SBUX made a downtrend gap. Probably those with filled pockets made a happy exit. (take profit)
But, an Inverted Hammer Doji pattern closed the day.
Looking at the general uptrend of this stock my guess is that it shall bounce back into positive domains.
SBUX made a downtrend gap. Probably those with filled pockets made a happy exit. (take profit)But, an Inverted Hammer Doji pattern closed the day.
Looking at the general uptrend of this stock my guess is that it shall bounce back into positive domains.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.