The current weekly chart is simply not parabolic enough for this partnership. The partnership of a generational media company already well versed in gambling combined with a brick and mortar casino company just blew the doors open. Current USA laws are now enemy number one for Dave Portnoy's bottom line. This will shift the tide of lobbying money behind the scenes...
Increased volume under $3 providing the case for a bottom with steady buyers. IH&S with tight EMAs and high volume confluence has me buying anywhere from $1.85-$2.10. I am hopeful for more buying into earnings. Don't forget this IPO'd in the $9s. If you're not buying here, when are you?
SBUX forming lower high - double top. Its looking like the last leg up to ~$100 was the blow off top of an amazing run. Part of the 81% 2019 increase was due to their China success and growth; Coronavirus continuing to spread into different countries closing stores.
