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trendyprofits
Nov 22, 2016 4:39 AM

$SBUX Buy Long

Starbucks CorporationNASDAQ

Description

SBUX has finally reached a buying opportunity! The stock has successfully held last weeks breakout

The RSI has crossed the longterm downtrend and is above the 50 mark
MACD has crossed and held
Volume was large last week, and continued into this week
Continued earnings growth

Order set for a limit purchase at $56. position size 100 shares ($5600)

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