Structure:
There is a head & shoulders pattern with a quite steep neckline indicating a tough fall. We can see a support at 69,90,
however, considering the harsh bearish push of late,I assume, the downtrend will rally down to the next support
at 67,00 in a week time.
Note: As the chart shows, SBUX has a charming yield that raised to 1.23%. (The all time high was 1.56%)
According to Yahoo Finance, SBUX has a dividend growth of 21,35%.
20/27 analyst recomend to buy it and the avarage target price is 88,87 as Marketwatch estimates.
Cheers.
There is a head & shoulders pattern with a quite steep neckline indicating a tough fall. We can see a support at 69,90,
however, considering the harsh bearish push of late,I assume, the downtrend will rally down to the next support
at 67,00 in a week time.
Note: As the chart shows, SBUX has a charming yield that raised to 1.23%. (The all time high was 1.56%)
According to Yahoo Finance, SBUX has a dividend growth of 21,35%.
20/27 analyst recomend to buy it and the avarage target price is 88,87 as Marketwatch estimates.
Cheers.