It has been sometime since we last looked at this market which has had a remarkable move from its lows. So how high can Starbucks (NASDAQ:SBUX) go given the current economy and the competition from McDonalds (NYSE:MCD) and Dunkin’ Donuts (Privately Owned)?

In this short video I will point out some key levels that I believe will present problems for this iconic coffeemaker.

http://www.ino.com/info/430/CD3399/&dp=0&l=0&campaignid=3

There is no need to register for this video and of course you can watch it with my compliments.

Now go grab a cup of coffee and watch this video.

Enjoy, and please give us your feedback on the MarketClub Traders Blog.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub

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