Starbucks: new buy signal, confirmation already positive

Starbucks opens a new buy signal, confirmed by the following week: the weekly structure is fully aligned to the upside and the daily technical picture shows a clean bounce off its own moving average. Signal strength is medium, 55 out of 100, and the stock ranks 62nd among the 125 buy positions already running on US stocks. Price, though, is working right against an area that has already been tested several times: an entry to handle with selectivity.