SBUX - Starbux's caffein sine waves
I see these two sine waves as you can see, market on the chart.
In my head, this could play out as follow:
- filling the GAP
- wipe out the longs who placed their stop below the minor sine wave
- pullback and...
- ...because of short term overall market drop, wipe out even the stops below the macro sine wave.
Whoaah...a little too far ahead for my feelings.
But it is how my brain tells em the story.
Just waiting for opportunity to come.
P!
In my head, this could play out as follow:
- filling the GAP
- wipe out the longs who placed their stop below the minor sine wave
- pullback and...
- ...because of short term overall market drop, wipe out even the stops below the macro sine wave.
Whoaah...a little too far ahead for my feelings.
But it is how my brain tells em the story.
Just waiting for opportunity to come.
P!
Penafian
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