IMHO - I am concerned about the 100 and 200MA serving as resistance above it, so I did not buy in today. In addition, we saw some good rallys from the DJIA today, but SBUX didn't seem to follow suit.
With that said... the weekly 50MA is right at the closing price serving as nice support.
I don't know which way sbux will go from here... so I prefer to stay on the sidelines ;)
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