Starbucks' stock (SBUX) fell 0.26% in the last session after the resistance of 112.25 held on, amid negative pressure from the 50-day SMA, while hurt by piercing the main upward trend line recently, as the stock vents off oversold saturation in the RSI.
Therefore we expect more losses for the stock, targeting the support of 107.70, provided the resistance of 112.25 holds on.
Expected trend for today: Bearish