$SBUX Continues to Slide

3 nov 2016

SBUX continues its slow decline through 2016. After an incredible run in 2015, this is to be expected. Although SBUX is still maintaining its dominance in the coffee world, it is at the end of its massive growth cycle. I expect growth to be incremental in foreign countries and China to determine the course of the stock over the coming months/years. Until it sees a turnaround in volume and RSI...keep this on the long term watch list.
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