Funds Flow Analysis of Starbucks (NASD: SBUX):
1 April 2018, Sunday, 11.51am Singapore Time
(Click on FFA Chart above to Expand)
Attached is the Funds Flow of Starbucks. Smart monies had been profusely selling away Starbucks shares (outflow) since January 2016, in fact dumping with accelerated mode in 2Q-2017 and in 1Q-2018, all done while maintaining gentle uptrend. This is extremely bearish in nature. It does seem that markets are brewing for a spectacular plunge for Starbucks. Funds Flow Analysis (Highly Bearish) will over-ride Technical Analysis (Bullish/Uptrend) and Fundamental Analysis (Bullish) for Starbucks. With Starbucks being required to put cancer warning labels over its coffee in California, the wind is with the short-sellers and the sellers' market for Starbucks shares.
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