Starbucks Corporation

Starbucks: Wide Awake?

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Starbucks has recently completed its dark green wave [B] in our Target Zone (between $86.38 and $68.39) and should now be wide awake and ready for renewed rises above $89.73. The price has already worked its way upward step by step. However, we consider it 37% likely that SBUX will breach the bottom of our Zone to head for another corrective low.

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