SBUX recently formed a Golden Cross, both in the SMAs and EMAs. Don't even know what a Golden Cross is? Well, go read the previous post. I have a position in the stock. I've been a Starbucks (and Seattle Coffee, now a subsiduary of Starbucks) coffee lover for a long time but never really owned the stock for any length of time. I think now is a good time to get invested in this company, especially now that it's become quite a cheap stock.
My entry is @13.55
Earnings is in 2 weeks. Long term hold.