Starbucks: 10 Things the Stock's Chart Is Showing
Today’s chart comes courtesy of a few reader requests for Starbucks Corporation (NASDAQ:SBUX) which operates as a roaster marketer and retailer of specialty coffee worldwide. As of September 30 2012 the company operated 9 405 company-operated stores and 8 661 licensed stores. Click to enlarge What I Am Looking At: Having a decent year up over 16% year-to-date performing slightly better than the S&P 500 (INDEXSP:.INX). Strong upside gap in beginning November on better than expected earnings. Raises forecast on strong sales and plans for 1 300 new stores in 2013. Positive sign to see shares breaking out from ...
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