Late 2015 until November 2016 has been a period of consolidation for shares of Starbucks (SBUX). The weekly chart shows SBUX trading in a descending triangle. Last week, price was attacking the triangle resistance but did not break it yet: SBUX Fails Bullish Breakout So FarSBUX Weekly Chart(click to enlarge)Maintaining Bullishness:- Throughout the consolidation, it should be noted that SBUX maintained its long-term bullish technical picture in the weekly chart.- Price held above a couple of rising trendlines.- Furthermore, the RSI held above 40, which reflects maintenance of the prevailing bullish momentum.Bullish Continuation:- The latest bullish swing is signaling bullish continuation. - Price has pushed back above the 100-, and 50-week simple moving averages (SMAs).- Also, price broke above the triangle resistance.- The most important signal is the fact that price is going to make a higher high (above the July high). Bullish Target:- The fact is that price action in the medium-term is in line with the long-term uptrend. - This means, there is a good chance that SBUX will return to the 2015 high just under 64.The market seems to be shaking off the fact that CEO Howard Schultz will be stepping down in 2017. While I initially felt that this announcement would pressure the SBUX, the fact that the market is shrugging it off suggests that there is strong momentum.