Starbucks shares are about to heat up on earnings this week: Technical analyst

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Starbucks shares are heating up, and one top technical analyst is betting the stock is gearing up for an even bigger rally when it reports earnings later this week.

 

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i am concerned about china sales and guidence. will sell half position before earning tomorrow.

Love CBW but earnings are a crapshoot - even for him.

OptionsAction CBW supported his bullish outlook with a variety of indicators. But if you’re looking at the tension wedge alone, how do you pick a direction for the resolution?

As long as they heat up my mocha I'll be happy

Nope... Major drop in China sales

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