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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