Bull flag forming

Looking to enter a trade in $SBUX following a bull flag formation.

Waiting for:

- confirmation of price above trend line at $86,
- increase in volume,
- MACD and STOCK giving stronger signal

If trade is entered, will set stop loss below support around 84.15.

Taking profit around 90.30, 93.5$ and 99$ depending on price movement.

Time frame of the trade 4-8 weeks.

**** This is NOT a financial advice, but only my opinion. Please do your own due diligence before investing. ****

Yorum:

Entered the trade and waiting to reap higher on this bull flag!

Lets go! $SBUX