Wednesday, March 18, 2009

Starbucks Pyramid Entry Trigger

Starbucks (SBUX) triggered a pyramid trade by closing above $11.31. Pyramid Entry at $11.50 with new stop limit at $10.42 and next pyramid entry at $12.04. July $12 Calls at $1.20 by $1.22.

Trade at your own risk with proper position sizing and risk management measures.

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