Starbucks emits more positive signals - Analysis - 15-09-2020

Starbucks' stock rose 1.59% in the last session while trading alongside the upward medium-term trend line, with positive pressure from the 50-day SMA, with positive signals from the RSI after reaching oversold levels, hinting at positive divergence. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 93.90, provided the support of 83.52 holds on. 

Expected trend for today: Bullish