[isatrader]

Too early, but doesn't look bad on the daily chart. On the weekly chart, there is nothing special about it. When the market recovers, it will have to be on the watchlist.

I highlighted this on twitter yesterday actually as it's approaching the Stage 2 breakout level

SBUX. Developing in Stage 1 with an inverse head and shoulders pattern so far, and relative strength vs the S&P 500 outperforming since May, and now moving above the Mansfield RS zero line.