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Myantman101
Mar 9, 2024 11:01 PM

SBUX Sitting Above Support Long

Starbucks CorporationNASDAQ

Description

Starbucks is sitting above support and could break out to resistance 1 or resistance 2 on Monday 3.11.24. MACD proves growing bullish divergence while divergence+ shows bullish divergence as well. The Kurotoga cloud shows the downward trend based on resistance but current resistance is weak and the current candles are starting to break through. I predict a 1-2% price increase on SBUX monday 3.11. Comment below your thoughts. Will SBUX break out? Or will it follow its downward trend?
Comments
syahloneranger
for me, the price will continue to drop since israel conflict not settle
Myantman101
@syahloneranger How does that affect SBUX?
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