SBUX 1h time frame analysisHi trader,
Recently we published the trading idea of SBUX on a 1W time-frame:
Today, let's have a look at 1h time-frame.
As we can see there are bearish regular divergences and we're expecting them to play out in the short-term.
The short position can be taken now as the price reached the resistance also on the higher time frames.
Target: 91,74$
stop loss: 99 $