Starbucks inches up tentatively - Analysis - 13-12-2018

Starbucks' stock rose 0.32% in the last session, or 0.21 points, amid positive support from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms, coupled with positive signals from the RSI after reaching oversold levels. 

Therefore we expect more gains for the stock, targeting the resistance of 68.96, as long as the support of 65.26 holds on. 

Expected trend for today: Bullish