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Starbucks Corporation
Long
Updated

Starbucks Long

1 016
SBUX looks good to accumulate here in the blue box.
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Longed here at 72.50
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Activist elliott just announced a big stake in SBUX I think SBUX will trickle up to around $110 from here over the next year.
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SBUX will do very well even in a recession.
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Could chop here a bit but target is unchanged at $110.
doggyhouse48
Trend Analysis

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Trend Analysis
doggyhouse48

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.