A couple years back I added Starbucks (SBUX) to my black list – mainly because of my horrible experience trading this particular stock. While this stock has had its ups and downs, is it ready to make a true push to the next level or will it continue being the chump stock I know it is.
Over the last couple of years, the popular coffee shop has gone through critical changes and alterations in order to try and revitalize that luster it once had, while keeping competitors at bay.
From my own technical approach it seems like the rally Starbucks has been enjoying over the last couple of months is looking to slow down.
And to no shock Adam agrees with me too… check out his latest video analysis of Starbucks, which includes complete technical analysis and other trading goodness.
Watch video – Is the star in Starbucks fading?