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trendyprofits
Nov 16, 2016 2:16 PM

$SBUX Getting Interesting Long

Starbucks CorporationNASDAQ

Description

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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