SBUX: looking for rejection at demand area
Price approaching demand area to close the gap.
Looking for rejection at this region ($86-$90).
TP1 around $120.
If price fails to rebound at these levels, price looks to fall below the next demand area as marked in the chart.
Looking for rejection at this region ($86-$90).
TP1 around $120.
If price fails to rebound at these levels, price looks to fall below the next demand area as marked in the chart.
Commento:
It did reject the lower demand area and climbed back. Took time of course.