Starbucks climbs for fourth straight session - Analysis - 17-09-2020

Starbucks' stock rose 0.76% in the last session amid positive support from the 50-day SMA, coupled with positive signals from the RSI, while trading alongside the upward short-term trend line. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 93.90, provided the support of 83.62 holds on. 

Expected trend for today: Bullish