Starbucks collects profits - Analysis - 19-11-2020

2020-11-19 11:53:33 GMT (Economies.com)
 

Starbucks' stock (SBUX) fell 0.7% in the last session on profit-taking, while gathering momentum and venting off overbought saturation in the RSI, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the resistance of 105.97. 

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1925
0.0031
0.2623%
1.3335
-0.0048
0.3572%
Tadawul
8693.47
65.41
0.76%
23.239
-0.806
3.352%
45.345
2.520
5.884%
48.15
0.31
0.65%
1807.405
-59.105
3.167%
 
 
News Today