trendyprofits

$SBUX Getting Interesting

Long
NASDAQ:SBUX   Starbucks Corporation
$SBUX may be coming back into play. With a better than expected quarter (in my opinion) and really putting the focus on Chinas growth, we may have a breakout.
CMF is still in an uptrend since September
MACD is looking like we may have a shallow cross
RSI has ticked back up
Support at the $52.50 mark was held and bounced.

All these together make it go higher on the watchlist. Keep your eye on this one.

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