SBUX – Stage 2 Breakout Attempt

NASDAQ:SBUX   Starbucks Corporation
SBUX is making the Stage 2 breakout attempt this week on approaching 2x the average weekly volume, with Relative Strength (RS) strongly outperforming the S&P 500 and the Stage Analysis Technical Attributes (SATA) indicator increasing to an 8 out of 10 on Wednesday on the breakout day. But it has fallen back to a SATA 8 today on the general market weakness, but price action is holding above the breakout with an inside day so far.

The indicators shown are three different style versions of the Stage Analysis Technical Attributes indicator, which is available to add in the community scripts.


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