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lena_vf
Apr 7, 2021 7:42 AM

SBUX Long  Long

Starbucks CorporationNASDAQ

Description

William Alligator: the stock is in a bullish position because the candlesticks are above the Teeth, Lips and Jaw, and the lines are « eating with an open mouth » this indicates that the stock is in a strong uptrend.

RSI: the line is under 70, so the stock is not overbought.

Candlestick patterns: there are three white soldiers which are a bullish confirmation.

Overall: it can be interesting to take a buy position on this stock because the indicator indicates that the price is increasing. Entry price is higher than the current price for assurance and stop loss is set at -5%.
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