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jautoresponder
Feb 6, 2017 4:08 AM

SBUX Morning Star Reversal? Long

Starbucks CorporationNASDAQ

Description

SBUX Daily chart candles seems to have formed some variation of a morning star reversal. They are close to hitting the 100 and 200 MAs which tend to trigger buyers. The Hourly chart is showing a very bullish trend so profit takers should cause retests as the stock breaks through resistance.
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