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SBUX Chart (update)

 
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arthur
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PostPosted: Wed Dec 29, 2004 6:36 pm    Post subject: SBUX Chart (update) Reply with quote
The SBUX four-month daily chart shows it continues to hold the 20 day MA. However, currently, SBUX is far above that MA with a gap at just over 61 1/2. Little selling before end-of-the year window dressing may be keeping SBUX high. However, puts may be a buy at over 64, although it's somewhat of a risky trade.

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