Starbucks Corporation
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SBUX looks ready to dump

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SBUX doesn't look good for bulls.
We see a head and shoulders pattern, but frankly speaking, SBUX looks so bearish now that entering short now may be not a bad idea.

However , in order to take a short position based on the confirmation, it's better to wait for a neckline (support) breakdown.

2 targets are shown on the chart.
Stop loss: 106$
Сделка активна
right shoulder is ready
Сделка активна
playing out as expected . Wait for the target to be reached
Chart PatternsHarmonic PatternsTechnical Indicators

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