Starbucks Corporation
Short

SBUX - Starbucks. Possible Short Setup.

Possible short setup on SBUX, looking entry between 786-886 (highlighted in orange) or 1 line.

Don't forget to check the weekly Maxx Momentum to see if we have bearish divergence coupled with loss of momentum.

If SBUX breaks the white trend I have on the chart I believe that the targets levels I have are more likely to get tested.

Maxx <3

Disclaimer