Starbucks is attempting to break above 108!

SBUX is looking at a potential break to the upside after the stock forms a rounding bottom at the lower gap support of 89.22. Ichimoku has formed a three-bullish golden crossover and momentum is seen returning to the upside.

Directional movement index is supporting the bullish strength and Volume is in a healthy expansion.

Should there be any correction, the next support is at 93.88