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.
Note
Still no break of strucutre. Nothing to do but observeNote
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. Note
Sometimes stocks want to go down but the markets aren't when that happens you get a chart such as this one.Note
As expected. 
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Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.