SUMMARY
Starbucks (SBUX) has been on a tear since the Financial crisis and has delivered 1,631% in profits to shareholders. That represented the whole wave 3 (white) move. Likely, wave 4 correction is probable.
The subwaves of wave 3 qualify the label and the red ABC represents a projected correction price pathway. IF this is correct, then it's likely an expanded flat with B wave higher than the origin of red A. The subwaves of red C always consist of five subwaves. The correction pattern is also likely to be a downward pointing symmetrical triangle. Once wave 4 correction completes, the bull rise should rage on to complete wave 5. So, no, the bull run isn't done yet!
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Crappy coffee but tasty profits!
Why are you posting these?
We are here for cryptos, not Pepsi, Starbucks or Monsanto these are the worst companies in the world- I wouldn’t invest in them if my life depended on it!
Everyone that has stocks like this should dump them and put their money in Crypto, better for the world and they’ll make more money..
I appreciate the public equity posts
Originally his ethos was ‘opt out of fiat and into crypto’
Crypto is an opportunity for larger groups of people to benefit, these types of companies do the opposite.
Don’t get me wrong I enjoy his analysis and appreciate it but crypto only for me.
Wouldn't buying shares in a public company be similar to buying bitcoin? In both situations you're transfering dollars (opting out of fiat) for assets that are not fiat currency. Also, how do you figure that "these types of companies do the opposite"? Can't anyone benefit from buying shares in a public company?
Thank you for sharing with us, amazing you @haejin
at time i tried to post some thing like this but steemit does not encourage me and no one seems to upvote my post @haejin your post is good
Starbucks for the win! Same great tasting coffee all around the world. Can't argue with consistence.