seems like coffee stocks been hot lately (KKD, DNKN)
SBUX now very close to a new breakout with volume picking up
BREAKOUT WATCH for possible breakout above 57.23, no resistance in area just above.
Type: True breakout from double resistance.
Target: 60.61, 6.1% Stop: 55.76, Loss: 2.3%, Profit/Loss ratio: 2.7 : 1 - Good
CURRENT PRICE 57.1, at resistance, 56.51 ± 0.73, type double, strength 9
RESISTANCE ABOVE None.
SUPPORT BELOW -4% at 54.8 ± 0.71, type triple, strength 10
-6.3% at 53.5 ± 0.7, type single, strength 1
-10.3% at 51.22 ± 0.67, type triple+, strength 10
Stock chart
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=SBUX
SBUX now very close to a new breakout with volume picking up
BREAKOUT WATCH for possible breakout above 57.23, no resistance in area just above.
Type: True breakout from double resistance.
Target: 60.61, 6.1% Stop: 55.76, Loss: 2.3%, Profit/Loss ratio: 2.7 : 1 - Good
CURRENT PRICE 57.1, at resistance, 56.51 ± 0.73, type double, strength 9
RESISTANCE ABOVE None.
SUPPORT BELOW -4% at 54.8 ± 0.71, type triple, strength 10
-6.3% at 53.5 ± 0.7, type single, strength 1
-10.3% at 51.22 ± 0.67, type triple+, strength 10
Stock chart
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=SBUX