$SBUX potential technical rebound

٢٢ أغسطس ٢٠١٧

SBUX

Low 50's serves as a strong support area for SBUX. Selling volume slowed down and things rebounded lightly this week (week of 8/20) - can forsee a bit of sideways movement for a bit but assume if mobile payments and china continue to move in the right direction this should rebound back to 60s over the next quarter.