Last week, I noted that the market was still breaking a key falling resistance in SBUX even though CEO Howard Schultz announced that he was stepping down. If the market is not bummed out by this announcement and instead pushes price above a key resistance, I would think that SBUX has a strong potential for upside. But, the week didn't exactly end with a break out, so we need to observe for more clues. SBUX Weekly Chart(click to enlarge)Resistance Holding:- The weekly chart shows somewhat of a descending triangle with a falling resistance.- Last week's candle is the one with the tail that crossed above the falling resistance but closing the week under it, at 57.23. Bearish Clues:- If price holds under 58 this week and closes below 56.50, last week's low, then I would anticipate a bearish swing to test the triangle support.Bullish Clues:- But, if price holds above 56.50, and closes above 58.60, last week's high, I would consider the consolidation pattern broken. This would open up the 64.00 handle in a bullish continuation scenario.