SBUX will have a pull back (at least)

H

hajimow

Check Bollingerbands. SBUX has run up about 25% recently. It will pull back to 12 range. Two possible trade ideas:'
1- short the stock
2- Sell Call 13 June and buy Call 14 June for a credit of 0.5. Risk is 50 cents and reward is also 50 cents.
 
I am also buying OSIP. In this down day it is up. Earning is on April 29. It should go over 35. My short term target is 36.
 
Quote from nazzdack:

OSIP and SBUX are both "pharmaceutical" companies. They ought to both recover well as people seek out more "uppers". :cool:
More...
OSIP is pharma but SBUX is Starbucks and in coffee business:mad:
 
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