Following my mid term position (SBUX)
Posted: May 08, 2024
- Stock: SBUX (Starbucks) - Predicting a bounce back to around $80-$85 in the next month and a half - Didn't drop below $73 support zone after earnings report, showing recovery - Engulfing candlestick on daily chart indicates bullish trend - 5 million shares traded in last 5 minutes with strong buy pressure, good signal to look at SBUX
Summarized top reddit comments: - Positive sentiment towards SBUX stock - Speculation on potential success based on CEO actions - Discussion of specific call options and positions - Personal anecdotes about purchasing shares or drinks from Starbucks - Optimism and excitement about potential returns on investment
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