Starbucks rises amid negative pressures - Analysis - 13-07-2020

Economies.com
2020-07-13 13:02PM UTC

Starbucks' stock rose 0.98% in the last session amid negative pressure from the 50-day SMA, with negative signals from the RSI while hurt by exiting an ascending price channel that guided recent short-term trading. 

 

Therefore we expect the stock to fall and target the support of 65.73, provided the support of 72.17 holds on. 

 

Expected trend for today: Bearish 

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