Starbucks $SBUX has been resilient as market sentiments wane. This is a sign that if market sentiments turn bullish again, SBUX should take off from its current consolidation. The current consolidation has been drawn out since 2016. Let's take a look at the weekly chart.SBUX Weekly Chart(click to enlarge)Bullish:- Although price has been essentially sideways since 2015, the overall long-term trend is bullish.- Price is still above the 200-week simple moving average.- The RSI is still holding above 40 after being able to tag or push above 70 previously. Triangle:- With the prevailing bullish trend intact, the assessment is neutral-bullish. - In March, price failed to push above the triangle and might come back down to test triangle support. - Even though SBUX might be ready for a bullish push, the overall market sentiment could prevent take-off. - Still, I would respect the support more than resistance, especially if market sentiment is no longer bearish.