Shares & Derivatives
Starbucks (SBUX): Wait for Breakout!
By Marubozu  •  September 30, 2012
SBUX is currently in consolidation phase and there is opportunity to trade for the breakout.
  • Bullish Trade: Wait for the breakout of Ascending Triangle with tough resistance at about $51.09.
  • Bearish Trade: Wait for the breakout of a Double Tops with neckline at about $49.10.
  • Earning is on Nov 11, 2012.
...
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By Marubozu
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