Starbucks Going Long? I Think So! Week of 9/11-9/20 (9/13) TP1

The stock had a Golden Star Signal in the short-term chart on Thursday, August 08, 2024. The Starbucks stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.

GOLDEN STAR SIGNAL: A Golden Star Signal is when the short-term moving average, the long-term moving average, and the price lines meet in a special combination. This combination is scarce and often followed by long and strong gains for the stock in question.

Safe Trade
#SBUX

Entry Point: 95.40
Take Profit: 98.40
~~~Possible~~~Follow the Play Zone to Zone
TP2: 100.00
TP3: 102.34
TP4: 105.68
Stop Loss: 93.40

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Trade!