$Starbucks(SBUX)$ Bullish Cup

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2022-09-18

$Starbucks(SBUX)$

Bullish Cup with Handle breakout

Share price gap down in Apr 2022

Found support along $70 and rebound back to $90 in Aug 2022

UP volume in general is higher than DOWN volume (positive sign)

Share price made a small dip thereafter but once again rebounded and breaks above $90 on 14 Sep 2022 with hugh volume

This could lead to further advance between $104~$110

Resist : $110 (initial pattern target)

Support : $82 (bearish reversal)

# Technical analysis challenge

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YvetteGunther
·2022-09-18
Piper Sandler analyst Nicole Miller Regan maintains Starbucks with a Neutral and raises the price target from $84 to $92
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familoveyou
·2022-09-18
The company aims to double its China revenue by 2025.
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YeddaJohnson
·2022-09-18
The EPS is expected to grow by 10.54% on average over the next 5 years. This is quite good.
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jeffry09
·2022-09-18
SBUX is one of the better performing stocks in the Hotels, Restaurants & Leisure industry.
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sharonpinky
·2022-09-21
[微笑]
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Edmond123
·2022-09-20
👍
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Keith Yeow
·2022-09-19
Good
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JCWOO
·2022-09-19
Ok
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hengonghuat888
·2022-09-19
nice
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Sonsonkok
·2022-09-19
Ok
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easonlai
·2022-09-19
好
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LynnNg
·2022-09-18
Skfkf
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wjv0204
·2022-09-18
wa
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Nggimseng
·2022-09-18
Nice
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Nggimseng
·2022-09-18
Nice
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S.B.D
·2022-09-18
Most likely
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Kristo
·2022-09-18
ok
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Soontonghuat
·2022-09-18
Okk
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