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Slingshot Bullish appears for SBUX after 0.79% move
SBUX closed down 0.79% on Friday, August 14th, with volume running 0.5× below average. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 107.17, 106.66 & 105.85, with resistance at 108.5, 109.31 & 109.83. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SBUX: A
See all signals and full analysis for SBUX on SwingTradeBot.com →
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