finally making its move after 2 months, ascending triangle
CONFIRMED breakout above 59.3, no resistance in area just above.
Type: True breakout from double resistance.
Target: 62.87, 5.8% Stop: 58.12, Loss: 2.2%, Profit/Loss ratio: 2.6 : 1 - Good
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=SBUX
CONFIRMED breakout above 59.3, no resistance in area just above.
Type: True breakout from double resistance.
Target: 62.87, 5.8% Stop: 58.12, Loss: 2.2%, Profit/Loss ratio: 2.6 : 1 - Good
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=SBUX