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Tuesday, December 13, 2011

SBUX

I have been following SBUX for quite a while now since it posted a breakout in price relative about a month ago. It has stayed high since, and would have broken out today (alomng with price) had not Bernanke dropped the "no QE3" bomb.  Volume has been in a decline since this latest consolidation began, which is normally a pretty good sign.

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