Starbucks clings to upside trend - Analysis - 10-06-2021

Economies.com
2021-06-10 10:27AM UTC

Starbucks' stock fell 0.12% in the last session amid negative pressure from the 50-day SMA, while still leaning on the main upward medium-term trend, with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 118.60. 

 

Expected trend for today: Bullish 

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