SBUX Q1 2024, 3D chart
Starbux has been underperforming over the last few months.
After topping in March of last year, it has been dragging along it's short-term averages. Currently revisiting its Q3-Q4 2022 break out area that it successfully retested in Sept '23.
If thiat 89-92 zone doesn't hold, I could see this revisiting the long-term trend line in the low 80's. Should be interesting.
After topping in March of last year, it has been dragging along it's short-term averages. Currently revisiting its Q3-Q4 2022 break out area that it successfully retested in Sept '23.
If thiat 89-92 zone doesn't hold, I could see this revisiting the long-term trend line in the low 80's. Should be interesting.
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