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Starbucks Corp Has Returned 25.4% Since SmarTrend Recommendation (SBUX)

Nov 18, 2020 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified an Uptrend for Starbucks Corp (NASDAQ:SBUX) on August 11th, 2020 at $78.99. In approximately 3 months, Starbucks Corp has returned 25.41% as of today's recent price of $99.06.

Starbucks Corp share prices have moved between a 52-week high of $99.31 and a 52-week low of $50.02 and are now trading 98% above that low price at $99.06 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.6%.

Starbucks Corporation retails, roasts, and provides its own brand of specialty coffee. The Company operates retail locations worldwide and sells whole bean coffees through its sales group, direct response business, supermarkets, and on the world wide web. Starbucks also produces and sells bottled coffee drinks and a line of ice creams.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Starbucks Corp shares.Log in and add Starbucks Corp (SBUX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

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