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In today’s trade update, I'll reveal how Starbucks (NASDAQ: SBUX) has formed a bearish continuation after closing below the 10-day moving average and its failed breakout trendline. SBUX set a lower high relative to the May highs and the stochastic indicator remains elevated, suggesting that SBUX has enough punching power to blast through support at the June 1st low.

❤️ Good Trading!

Disclaimer:
Do not act on any opinions expressed in this video. This is NOT financial advice. These are strictly personal opinions presented by Remington Publishing representatives. Past performance is not indicative of future results. Always do your own research and consult a financial advisor before investing.