SBUX - Head & Shoulder Top Formed and Target 80
SBUX has formed a H&S top. Today it broke the 96 shoulder support area.
The stock is in a downtrend now. Further downside will target the 80 area.
However, back over the 200 day MA will negate the downtrend.
SBUX has formed a H&S top. Today it broke the 96 shoulder support area.
The stock is in a downtrend now. Further downside will target the 80 area.
However, back over the 200 day MA will negate the downtrend.
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