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Technical outlook of SBUX (Starbucks) stock chart
SBUX has been in a decline recently. However, it is finding support at the daily 200 MA. Usually a very good reversal area. A possible daily ascending triangle might be forming as well.
If it can breakout above this pattern and go above the 50 MA then it is possible for it to start a new uptrend.
Dec 04, 19 12:59 PM
In this lesson, we will learn how a triangle breakout when AGN is in an uptrend help to send AGN higher tremendously.
Dec 04, 19 10:23 AM
In this page, we will have a look at the US stock market and analyze where the SPX might be going.
Dec 04, 19 10:15 AM
Welcome to the month of December. What is in store for the KLCI? Read more to find out. Will update this page frequently so come back for more.
Dec 03, 19 08:59 AM
In this lesson, we will see how the presence of a 60 min ascending triangle at the 60 min 200 MA help to point to a short term breakout.
Dec 03, 19 03:43 AM
Learn about the stock market stages that will help you unlock profit potentials in the stock market.