Starbucks dips to gather force against current resistance - Analysis - 20-11-2017

Economies.com
2017-11-20 13:30PM UTC

Starbucks' stock (SBUX) fell in the intraday levels, recording a loss of 0.54% in the last session, or 0.31 points, as the stock trades along the upward correctional short-term trend, with positive support from the 50-day SMA, in an attempt to gather momentum to help it rise anew and tackle the resistance of 57.81. 

 

Therefore we expect the stock to return higher, targeting the resistance of 57.81. 

Stocks Technical Analysis

United States Analysis

Stocks

Charter Communications price tries to recoup some losses - 03-05-2024
2024-05-03 12:21PM UTC
Charter Communications’ stock price (CHTR) rose mildly in the intraday levels, while trying ...
United States Analysis

Stocks

Verizon Communications price exhibits more signs of weakness - Forecast today - 03-05-2024
2024-05-03 12:21PM UTC
Verizon Communications’ stock price (VZ) fell in the intraday levels, while hurt by piercing ...
United States Analysis

Stocks

Mattel price climbs amid negative pressures - Forecast today - 03-05-2024
2024-05-03 12:20PM UTC
Mattel’s stock price (MAT) rose in the intraday levels while trying to recoup some recent ...