Starbucks gathers positive momentum - Analysis - 22-01-2021

2021-01-22 12:36:06 GMT (

Starbucks' stock (SBUX) fell 0.83% in the last session while gathering momentum to help it tackle the pivotal resistance of 106.00, amid the dominance of the main upward medium-term trend, with support from the 50-day SMA, coupled with positive signals from the RSI.


Therefore we expect the stock to return higher, targeting the resistance of 113.70, provided the resistance of 106.00 was breached.


Expected trend for today: Bullish

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.