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Bull flag forming
Starbucks Corporation
Long
Bull flag forming
By aristocks
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Updated
Sep 15, 2020
0
Sep 15, 2020
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. ****
Sep 15, 2020
Note
Entered the trade and waiting to reap higher on this bull flag!
Lets go!
SBUX
bullflagpattern
Bullish Patterns
Chart Patterns
Trend Analysis
aristocks
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