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

Economies.com
2021-01-22 12:36PM UTC

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

Stocks Technical Analysis

United States Analysis

Stocks

Marvel Technology price tries to to recoup some losses - Forecast today - 18-03-2024
2024-03-18 13:45PM UTC
Marvel Technology’s stock price (MRVL) climbed in the intraday levels, while trying to recoup ...
United States Analysis

Stocks

Broadcom price leans on SMA support - Forecast today - 18-03-2024
2024-03-18 13:45PM UTC
Broadcom’s stock price (AVGO) keeps rising in the intraday levels while seeking a bottom to ...
United States Analysis

Stocks

Apple price suffers from negative pressures - Forecast today - 18-03-2024
2024-03-18 13:44PM UTC
Apple’s stock price (AAPL) fell in the intraday levels amid the dominance of the downward ...