SBUX Simple Short Setup
SBUX like many other stocks out there has multiple Head & Shoulders pattern.
One H&S is mammoth the other smaller. It so happens that price is simultaneously
breaking a recent up channel.
A break here could possibly result in a significant price drop.
It is better to be out of a trade wishing you were in rather than in a trade wishing you were out.
Caution is in order.
One H&S is mammoth the other smaller. It so happens that price is simultaneously
breaking a recent up channel.
A break here could possibly result in a significant price drop.
It is better to be out of a trade wishing you were in rather than in a trade wishing you were out.
Caution is in order.
Nota
Still no break of strucutre. Nothing to do but observeNota
Still waiting for the break. But this chart has created an extreme amount of H&S all over the place. Typically this is very bearish. Nota
Sometimes stocks want to go down but the markets aren't when that happens you get a chart such as this one.Nota
As expected. 
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.