It seems that lately I’ve been combing through Wallstrip’s archives to see which stocks continued on their trends higher and which didn’t. Starbucks Corporation (SBUX) seems to be one thats breaking down since their profile on Wallstrip and I wonder if it will bounce at its 50 month moving average.

SBUX-061107

Over expensive and bad tasting coffee is my guess why they’re losing their “flavor” with Wall Street investors! :)

[tags]Starbucks, SBUX, Wallstrip, Stock, Trends, Trading, Investing[/tags]

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