Tesla settles at negative zone - Analysis - 27-03-2020

Starbucks' stock tumbled 2.06% in the last session amid negative pressure from the 50-day SMA, while settling at 528.16, and steadying below the 572.26 resistance, representing the ratio 50% of Fibonacci retracement levels for an ascending wave in the long term, as the RSI reached overbought levels. 

Therefore we expect more losses for the stock, targeting the next support at 479.18. 

Expected trend for today: Bearish