SBUX has been on a tear lately. The screenshot I am including explains all of this as well; however, SBUX has seen a decline in value since being bouncing between the tight Support and Resistance levels. With all confluences taking into consideration - news, patterns, price action, and whatever else you can think of to make a case for a breakout beyond resistance or a reversal would be great towards helping me learn more!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.