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NASDAQ: SBUX Harmonic Bearish Bat Pattern

Interval: Daiiy


The Starbucks stock displays on the chart a harmonic pattern in the form of a Bearish Bat.
Coming from PRZ there is a chance a rejection could take place and go back to 51.27. On 20 timeframes the average volume is going down for the move on the up direction to get the price in a place for reversal. A possible closing in the zone marked on the chart makes the Bearish Bat null and triggers a call for the continuation of the trend.

NASDAQ: SBUX Harmonic Bearish Bat Pattern by