Starbucks Coffee Technical Analysis | Is $104.53 a Buy or Sell Signal? $SBUX Price Predictions

In this video, we will focus on Starbucks Coffee Technical Analysis, specifically exploring whether $104.53 is a buy or sell signal for Starbucks (SBUX). Join me on this exciting journey as we uncover the secrets behind the price predictions for Starbucks and gain valuable insights into the future of this renowned coffee giant.

Starbucks Coffee had a decent pullback recently. Let's see if this pullback is a good place to long $SBUX

Today, I will also share some recommendations that I gave out the last few weeks in the energy sector using the same Fibonacci Analysis.

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I am a student of Fibonacci Analysis and the 3 Price Relationship as taught by Carolyn Boroden (Fibonacci Queen).

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Trading with Composure means that I must first prepare my mind before I turn on the computer. This looks like meditation, positive affirmations, stretching, exercise, proper nutrition, breathing exercises, & listening to calming music. I must have a deep understanding that all feelings of certainty is an illusion. I must look at the markets with a probability mindset. Trading with composure is to be able to have the mindfulness to examine my current emotional states (fear, anger, revenge, shame, euphoria - all these emotions can override and take me off course). I look at the markets with a sense of wonder and curiosity.

Trading with Clarity means that I must have a trading methodology in place. The methodology must be clear, concise, and followed. I must be clear about the position sizing as I'm not trying to force myself into profits or make the markets to move in a certain way. All desires/feelings of control is an illusion.

Trading with Commitment means that I must follow through on my trading plan. I either take a small loss with the trade, ratchet up the stops as the trade goes into my favor, or take profits at appointed profit extensions.

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