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SBUX Trying to Flip Resistance Into Support
SBUX has experienced a huge spike after hiring a new CEO. I shared my thoughts about Brian Niccol on the day of the announcement, I think he will have a huge impact on Starbucks. Currently SBUX has been trading within a resistance zone between $90.40 and $96.60. I think SBUX is trying to flip this […]Read More
Yield Curve Flips Positive
I talked about the yield curve uninversion a few days ago, and now the yield curve is trending on Twitter. The yield curve rising above 0 should raise some concerns for a recession. However, the process still takes a few months for a recession to begin. For now this is yet another warning sign to […]Read More
NVAX Approaching $14.38 Resistance
In my last NVAX update I said that NVAX is presenting a great buy opportunity around $10.90. NVAX has experienced a very strong rally since that update, but is now approaching resistance at this red trendline. I have resistance around $14.38 and I think NVAX is likely to selloff here. Follow me on social media: https://linktr.ee/realchartchamp
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