AlexStanilevych

Shorting Starbucks shares

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NASDAQ:SBUX   Starbucks Corporation
On the daily chart of SBUX, the price has formed a Two Peaks sell signal. According to my Elliott wave structure, the price has finished the 5th wave and now I expect the instrument to start the ABC zigzag, which is my profit zone. SL, TP and entry levels are marked on the chart.

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