TECH Sell 04.07.2024 12:52
Starbucks Corp.: Murrey analysis
Shares of Starbucks Corp., one of the largest companies that owns the coffee chain of the same name, resumed their decline as part of a medium-term downtrend: quotes rebounded from the reversal mark of 81.25 (Murrey level [2/8]) and are now close to the lower limit of the main Murrey trading range around 75.00 (Murrey level [0/8]).
TECH Buy 24.06.2024 12:55
Starbucks Corp.: candlestick analysis
On the H4 chart of the shares of Starbucks Corp., a "Bull Flag" pattern is being built, the price exit from which should occur upwards with a likely target of 89.76, as well as a series of candle patterns "Inverted Hammer", "Bull Engulfing Pattern", "Hammer" and "Morning Star" at the level of 78.79, which signal pressure from buyers.