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  • High Conviction: Starbucks Has Its Buzz Back [View article]
    Bottom line the story has been working and the stock is still in solid technical shape. Today's reversal off the highs on heavier volume is negative and wouldn't buy on a day like this but your downside right now isn't too bad especially if SBUX can consolidate at these levels for a couple more weeks. The last solid entry point we took was on March 8 and +10% in 2 weeks is a nice gain. There will be more high probability entry points to take advantage of the Starbucks story. Worrying too much about all the small details and one will never make a trade.
    Mar 24 04:19 PM | Likes Like |Link to Comment
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