By Tim - http://stockstobuy.org
The following is technical analysis for Starbucks Corp. (SBUX) - April 23, 2010
Starbucks Corp. (SBUX) Support & Resistance Levels - 4/23/10
Resistance Levels: $28, $30
Support Levels: $25.86, $25
Chart - http://www.stockcharts.com
Starbucks Corp. (SBUX) reporting incredible earnings this week and the stock continues to soar. Starbucks Corp. is coming up on some major resistance between $28-$30 but if the stock can close above $30, it is smooth sailing. This is a stock I love on any major pullback for the long term. I'd be a buyer on a pullback below $25. Resistance #1 is $28.
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