Starbucks Corporation

SBUX - Long Term Value Add

56
3 month timeframe zooms things out for us. I like to use my EMAs on longer timeframes for this very reason. If you are a long term believer in the coffee giant then this is a value add level. I don't love that lower high that was created previously which give the overall picture of a H&S. Overall, this doesn't scream super bullish BUT long term believers are being offered discount prices here.

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