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20 Day Moving Average Support appears for SBUX after 0.4% move
On Friday, August 7th, SBUX moved up 0.4% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 103.88, 102.19 & 100.7, with resistance at 107.06, 108.55 & 110.24.
Current SwingTradeBot Technical Rating of SBUX: B
More technical signals and insights for SBUX → Visit SwingTradeBot.com
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