STARBUCKS CP (SBUX) NASDAQ - Apr 03, 2013 (SIA Daily Stock Report)

SIA Charts Daily Stock Report (siacharts.com)

The SIA Daily Stock Report utilizes a proven strategy of uncovering outperforming and underperforming stocks from our marquee equity reports; the S&P/TSX 60, S&P/TSX Completion and S&P/TSX Small cap We overlay these powerful reports with our extensive knowledge of point and figure and candlestick chart signals, along with other western-style technical indicators to identity stocks as they breakout or breakdown. In doing so we provide our Elite-Pro Subscribers with truly independent coverage of the Canadian stock market with specific buy and sell trigger points.

Note: Subscribers can screen all Canadian and U.S. stocks and mutual funds, or as components of equally weighted mutual fund sectors indices (e.g. Income Trusts, Precious Metals), and fund groups by issuer (eg. AGF, Dynamic, Franklin Templeton), all Canadian ETFs, ETF Families by issuer (iShares, Horizons, BMO) or as components of Equally Weighted ETF Sector Indices (e.g. 2020+ Target date, Cdn Equity Lg Cap), and create and monitor their own, or SIA's existing model portfolios. Finally, subscribers benefit from being able to generate BUY-WATCH-SELL Signals on demand with SIA Charts proprietary Favoured/Neutral/Unfavoured, SMAX scoring algorithm (see green-yellow-red graph 1 below).

STARBUCKS CP (SBUX) NASDAQ - Apr 03, 2013

GREEN - Favoured / Buy Zone
YELLOW - Neutral / Hold Zone
RED - Unfavoured / Sell / Avoid Zone

STARBUCKS CP (SBUX) NASDAQ - Apr 03, 2013 - Currently in the 13th spot in the SIA S&P 100 Report, Starbucks (SBUX) is closing in on its resistance high from back in May of last year at $60.79. Further strength may then see the resistance up at $68,46 come in to play. Support is now at $53.98 and again in the $50 area.

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Back on November 30, 2012,  Starbucks was a new entry into the Favored zone of the SIA S&P 100 Report Starbucks (SBUX) and was pressed up against resistance at $52.21. A move beyond this then saw $55.40 as the next resistance, a level that held twice this last summer. Support was at $47.29 and again below that at $41.99.

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844_1_20130402_307629_0_0_3115197

Napkin 13-04-03 11.45.51 AM

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