SBUX on the dialy chart may be another candidate to short while the general market remains
challenging in the face of the loss of anticipated rate cuts and ongoing geopolitical risk.
SBUX has been trending down for nearly six months and the earnings miss add emphaisis to the
trend. At this juncture, there is nothing to suggest a turnaround. I am adding SBUX to
my short list. I will look for pivot highs on a lower time frame and average into an overall
position in pieces.