Starbucks support at $108 in an uptrend

Starbucks is in a long term uptrend since 011220 at $102.16 and a medium term uptrend since 240220 at $84.22. Important support is now at $108.23 with a short signal on the day charts at $114.93.


LONGTERM UPTREND since 011220

Medium term UPTREND since 240820

Short Term DOWNTREND since 170921


PIVOT 108.23

Long positions above 108.23 for 116.20 and new all time highs

Short positions below 108.23 for 87.98 and 73.78