SBUX Uptrend

By Johns Wu on Feb 23, 2006

SBUX has been rolling hard ever since its last earnings call.

It could be the beginning of a new uptrend. Look at the runup from Oct to Dec to see what I mean. Don’t fight the trend!

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This entry was posted on Thursday, February 23rd, 2006 at 9:37 pm and is filed under Stock Charts. You can skip to the end and leave a response. Pinging is currently not allowed.

3 Responses to “SBUX Uptrend”

By Anonymous on February 24th, 2006 at 7:34 am

The last 4.5 years for SBUX has truly been incredible.

Up 325% since late September 2001. Last 2 weeks in Sept. 2001, SBUX was hovering at 17. After a run-up, a split, and another run-up, that $17 share is at $72.34 today.

By DANNY on February 24th, 2006 at 12:31 pm

they’re ripping the cover of the ball in China.

SBUX was smart enough to take a stake in some tea companies down there (and test the waters) prior to mass rollout — it was a good move.

I expect SBUX to have a great 2006.

By Technicator.NET on February 25th, 2006 at 2:34 pm

The party already started for SBUX since the breakout gap. Good luck to SBUX longs.