SBUX has done well holding support at the 8 EMA consistently since mid November. Lower trend line still intact, price appears to be compressed into the apex of the triangle. Love the volume spikes with the spinning top on Friday. This is a tug o' war with buyers and sellers.
Odds are in buyers favor due to uptrend. Options market leans to the call side as 1/15/21 $105c shows more significant volume/OI. Eyes on this one!!!
Let me know your thoughts!!!
Odds are in buyers favor due to uptrend. Options market leans to the call side as 1/15/21 $105c shows more significant volume/OI. Eyes on this one!!!
Let me know your thoughts!!!