Head and Shoulders/Triple TopOne ugly top was not good enough, so SBUX decided to make another one )o: A triple top is not always a head and shoulders, but a head and shoulders is a type of triple top. Does not matter at this point.
Missing earnings does not help a bad top, at all! I have always figured their China exposure was not a positive factor. But China exposure has helped bring this down in to an affordable range.
Short interest in under 1% so I am thinking this will find a trading range, or a bottom soon.
I try to remember a security can seem dirt cheap, but even dirt can get cheaper )o:
No recommendation.
Sometimes your best investments are the ones you do not make.