Starbucks just popped in price, after earnings, on three times normal volume, indicating the first technical buy signal. However, overwhelming technical sell signals are still in place and there is no technical bottom in place yet.

The fundamental metrics still look overvalued for a high PEG, slow growth in earnings profile short term. It is low beta and that is attractive in a bear market, but only if a stock has already bottomed.

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  • mwhy
    ·2022-05-11
    Observing before entering market
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  • miaumiau
    ·2022-05-11
    👍
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  • Crystlion
    ·2022-05-11
    [Miser]
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  • JL88
    ·2022-05-11
    ok
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  • Nebhol
    ·2022-05-11
    Cool
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  • wilsonlai42
    ·2022-05-11
    [Cool]
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  • matrix20xx
    ·2022-05-11
    hi
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  • Nebhol
    ·2022-05-11
    Gg
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