View Full Version : Sbux
break out. Closed at $16.30. Can go to 18-20 short term
This is a broken company...They report this Tuesday and I assume it'll be a poor ER..some factors are obvious..the price of their coffee, the MCD Cafe! and...the company is broken!
I bought the Aug 13th puts..small outlay for the potential of a nice return...
Watch out for the 2 short term resistances for this stock, 14.8 and 15.5.
Thank you Okrobie...I'll let you all know how the trade works out.
And there I was thinking he was back.
It's an old thread brought back to life.
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