STARBUCKS CORP. - SBUX
Monthly chart shows that SBUX did indeed end up in freefall, as both my downside targets have been hit. Price remains below all key moving averages as well as the down trendline in place. No buy signal/pattern evident on this timeframe.
Weekly chart continues to show weakness and price remains below all its key moving averages on this timeframe. No buy signal/pattern evident on this timeframe. Look for continuation lower.
Daily chart continues to show weakness, with price below all key moving averages on this timeframe. No buy signal/pattern evident on this timeframe.
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