Chart Patterns & Algorithmic Trader (46)
SBUX Rectangle Channel Pattern
SBUX (Weekly) is trading in Rectangle Channel pattern. Channel
boundaries are 61.64 and 53.56. Mid Channel Level is 57.60 and channel
depth is: 8.1. Price is trading between upper and lower trendlines. Breakout
targets are: 65.7 to 69.7. Breakdown targets are: 49.5 to 45.5.
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