Starbucks Corporation
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SBUX - Possible earnings play creating mid-term opportunity

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Starbucks has been in consolidation for quite a while.

I believe it's due for a breakout, but due to macro issues - it hasn't been able to.

Earnings season has come, and earnings are showing very positive numbers. Assuming SBUX follows suite, it could trigger a breakout, which will in turn trigger a mid-term rally opportunity.

Note that this is assuming macro issues calm down and the stock market continues to rally.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.