It has been sometime since we last looked at this market which has had a remarkable move from its lows. So how high can Starbucks (NASDAQ:SBUX) go given the current economy and the competition from McDonalds (NYSE:MCD) and Dunkin’ Donuts (Privately Owned)?
In this short video I will point out some key levels that I believe will present problems for this iconic coffeemaker.
There is no need to register for this video and of course you can watch it with my compliments.
Now go grab a cup of coffee and watch this video.
Enjoy, and please give us your feedback on the MarketClub Traders Blog.
All the best,