Starbucks’ stock, SBUX, could potentially rise at $106.80

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<p>Today’s instrument is the Starbucks stock traded in Nasdaq under the ticker SBUX.</p>
<p>Looking at SBUX’s <a href="https://www.fxstreet.com/rates-charts/chart">chart</a>, we can see it was lastly traded at around $101.25.</p>
<p>Tomorrow it is announcing its quarterly earnings and if the market’s anticipation is positive, then today we could expect it to rise towards its resistance level at around $106.80, otherwise it should drop towards its support level at around $99.</p>
<p><a href="https://editorial.fxstreet.com/miscelaneous/AAATrade%20Intraday%20Technical%20Analysis%20of%20Starbucks%2031.07.2023-638263904000474768.png" target="_blank" rel="noopener"><img decoding="async" alt="Chart" src="https://editorial.fxstreet.com/miscelaneous/AAATrade%20Intraday%20Technical%20Analysis%20of%20Starbucks%2031.07.2023-638263904000474768.png" style="width: 1918px; height: 893px;" /></a></p>
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<br /><a href="https://www.fxstreet.com/news/starbucks-stock-sbux-could-potentially-rise-at-10680-202307310853">Source link </a></p><p>The post <a href="https://forextraderhub.com/starbucks-stock-sbux-could-potentially-rise-at-106-80.html">Starbucks’ stock, SBUX, could potentially rise at $106.80</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>