SBUX - Long Term Value Add

3 month timeframe zooms things out for us. I like to use my EMAs on longer timeframes for this very reason. If you are a long term believer in the coffee giant then this is a value add level. I don't love that lower high that was created previously which give the overall picture of a H&S. Overall, this doesn't scream super bullish BUT long term believers are being offered discount prices here.