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| Starbucks Corp. Monthly 7 Years |
This stock has been a consistent performer in years gone by as is seen in the long term chart displayed above. The expected view is a continuation of the upward trend following the recent break out of a bullish flag pattern towards the end of 2016.
The 50 day moving average is fairly parallel with the uptrend which bodes well for bullish traders. It should also be noted that the RSI, an indicator used mostly for signals of momentum, doesn't show any form of vulnerabilities suggesting the trend will remain.
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