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dorfmanmaster

Starbucks - How long will it stay overbought?

Starbucks Corporation (NASDAQ:SBUX)  
dorfmanmaster  
NASDAQ:SBUX   Starbucks Corporation
Technical Indicators Chart Patterns Trend Analysis overbought Relative Strength Index (RSI) fibonnaci fibonnacci retracement starbucks SBUX
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indicator chartpattern trendanalysis overbought relativestrengthindex fibonnaci fibonnacci retracement starbucks sbux
Using Fibonacci retracement: SBUX next resistance is $85.75.

If we brake above this line with high volume, it confirms the extended bull trend; meaning we could spend some more time in overbought conditions.


RSI and OBV confirm strong uptrend since July 2018. Check weekly time-frame for a clear view.

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