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

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.