Posted by freakydude on 20th of May 2014 at 06:22 pm
Maybe I'm way off, but do I see an emerging H&S pattern with
SBUX? Well, yes... if you count a pitiful attempt at a right
shoulder as part of the pattern. Fairly symmetrical. I see a
possible left shoulder in Feb, head in March, and a crippled
shoulder trying to form in late April. However, the MACD doesn't
back it up yet and I know the right shoulder has not broken through
any neckline.
A two-year chart shows a possible rollover with the death cross
more prominently shown.
Just sayin'. Throwin' it out there for reaction.
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SBUX - How weak can a right shoulder be?
Posted by freakydude on 20th of May 2014 at 06:22 pm
Maybe I'm way off, but do I see an emerging H&S pattern with SBUX? Well, yes... if you count a pitiful attempt at a right shoulder as part of the pattern. Fairly symmetrical. I see a possible left shoulder in Feb, head in March, and a crippled shoulder trying to form in late April. However, the MACD doesn't back it up yet and I know the right shoulder has not broken through any neckline.
A two-year chart shows a possible rollover with the death cross more prominently shown.
Just sayin'. Throwin' it out there for reaction.