BeanTH

SBUX Bear Flagging ($JO long)

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BATS:SBUX   Starbucks Corporation
3
This stock has had a killer 2013 but as of recently with the spike in $JO (Coffee) and the minor collapse in SBUX one can begin to look for a pair trade with long $JO, Short $SBUX. We shall see how this develops but as of now, the bias is to the short side and the case could easily be made for a bear flag in SBUX now.
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