Tag: Starbucks

Starbucks: ⬆️ Buy – Starbucks broke resistance area – Likely to rise to resistance level 110.00 Starbucks recently broke the resistance area between the resistance levels 101.40, 104.20 (top of wave 1 from January) and the resistance trendline of the weekly up channel from last year. The breakout of this resistance area accelerated the active short-term impulse […]

Starbucks: ⬇️ Sell – Starbucks broke the support area – Likely to fall to support level 76.15 Starbucks recently broke the support area between the support level 85.00 (which stopped 2 earlier waves – 1 and i) and the 50% Fibonacci correction of the upward impulse wave 1 from April. The breakout of this support area accelerated […]

Starbucks: ⬆️ Buy – Starbucks reversed from support zone – Likely to rise to resistance levels 85.00 and 90.00 Starbucks recently reversed up from the support zone between the key support level 76.20 (which stopped the previous wave A at the start of April) and the lower daily Bollinger Band. The upward reversal from this support zone […]