Starbucks tries to pierce stubborn resistance - Analysis - 03-03-2021

Economies.com
2021-03-03 12:12PM UTC

Starbucks' stock (SBUX) rose 0.31% in the last session amid attempts to pierce the pivotal resistance of 107.67, amid the dominance of the main upward medium-term trend, with positive support from the 50-day SMA. 

 

Therefore we expect the stock to rise and target the resistance of 113.70, provided the pivotal resistance of 107.67 was breached. 

 

Expected trend for today: Bullish 

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