SBUX has finally reached a buying opportunity! The stock has successfully held last weeks breakout The RSI has crossed the longterm downtrend and is above the 50 mark
MACD has crossed and held
Volume was large last week, and continued into this week
Continued earnings growth
Order set for a limit purchase at $56. position size 100 shares ($5600)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.