Starbucks has reached exactly the 150% Fib extension this week after going parabolic this month. This is a major milestone, representing halfway to the full target of 106. Time to cool down with Frappuccino? I would take profit if I were long. If I did better so far this year, I might have some courage to short. It's amazing in just over 3 years, SBUX can return over 700%! No positions.
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