Starbucks may rise to 90.60 - 94.70

Our pivot point is at 72.1.

Our preference

Short term rebound towards 90.6.

Alternative scenario

Below 72.1, expect 65.3 and 61.1.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 78.537 and 84.8145).

Supports and resistances

98.9 **

94.7 *

90.6 **

86.5

77.72 (USD-last)

74.8

72.1 **

65.3 *

61.1 **

Number of asterisks represents the strength of support and resistance levels.