The Long Investor
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$SBUX - WATCHLIST -
🕑 Added 2025-03-07 11:55:42 +0000 UTCBig test now for $SBUX, it has got caught up in the selling this week and this has allowed the price action to retest the large triangle that has been in place since 2021.
A successful hold on this level and a market reversal to the upside and this is a buy signal to catch the remaining part of this Wave 3 move to $137 at the 1.618 Fib
Losing this level and the 50 and 200 Day MA's must provide support and holding here would also be in the Buy Zone again.
