|Starbucks Weekly Chart (Last 3 Years Time)|
What we can see in the chart below is that there is declining volume in the last two weeks and the stock chart has formed a flag. Whether or not it breaks up or breaks down remains to be seen. But, don't be surprised if it makes a move somewhere soon.
|Starbucks Daily Chart (Last 6 Months Time)|
Disclosure: I am long SBUX