It's been awhile since I last looked at Starbucks (SBUX). I remember forecasting the plunge in Starbucks over a year ago and I haven't look at it since.
Starbucks (SBUX) has had an incredible move off its lows. So the question is, should I buy Starbucks (SBUX) today in anticipation of a continued upward move or should I stay out of this market because of the current economy and the competition from McDonalds (MCD).
In the video below, I will tell you exactly where I think Starbucks (SBUX) is headed and how I'm going to play this stock.
I hope this video helps you make a lot of money. Leave any comments you might have below. Thank you and happy improved trading.
Lance Jepsen
President, GuerillaStockTrading.com
Your Trading Coach
(because everyone, even Tiger Woods, needs a coach)
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| NASDAQ | 2847.21 | |||||||
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| FCEL | 1.02 | |||||||
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Guerilla Trader Quote
“All Warfare is about Deception. Hence, when able to attack, we must seem unable; when using our forces; we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.... If your opponent is choleric temper, seek to IRRITATE him. Pretend to be Weak, That he may grow ARROGANT.”
by Sun Tzu
“All Warfare is about Deception. Hence, when able to attack, we must seem unable; when using our forces; we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.... If your opponent is choleric temper, seek to IRRITATE him. Pretend to be Weak, That he may grow ARROGANT.”
by Sun Tzu
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