Starbucks climbs cautiously - Analysis - 13-02-2018

2018-02-13 12:45:05 GMT (Economies.com)
Starbucks climbs cautiously - Analysis - 13-02-2018
 

Starbucks' stock (SBUX) rose in the intraday levels, scoring a profit of 1.47% in the last session, or 0.80 points, while getting hurt by piercing the upside short-term trend line, with negative pressure from the 50-day SMA, as the stock tries to vent off oversold saturation in the RSI. 

 

Therefore we expect the stock to return lower, targeting the support of 52.58, as long as the resistance of 56.12 holds on. 

 
 
 
  Symbol Last Change Chg.%
1.1459
-0.0063
0.5442%
1.2981
-0.0091
0.6950%
14.703
0.070
0.478%
68.975
-0.305
0.441%
79.32
-0.50
0.63%
1231.895
5.190
0.423%
 
 
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