Thursday, February 12, 2009

SBUX Starbucks Corp

I see that Starbucks will be selling an instant brand of their coffee. Not sure if that will make much of a difference for them.

The stock price looks like it will continue lower, below the Nov. low of $7. A nice example of how stocks move in trends. As long as the price stays to the left of the trendline, the bear trend is still in effect.

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