Starbucks Corporation (NASDAQ: SBUX) (NASDAQ:SBUX) Stock Research Trends Targets and Technical Analysis - Nasdaq market [en]

Today we will analyze the stock Starbucks Corporation (SBUX) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Starbucks Corporation (SBUX)
1- Last bearish trend was from 22.45 $ (2/2/2010) to 21.70 $ (2/5/2010) a 0.75 $ move 2- The current bullish trend started from 21.70 $ at 2/5/2010 and is currently trading at 24.27 $. 3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Starbucks Corporation (SBUX) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 21.700 .
5- The Stock formed a 1.890 $ height triangle which was broken up at 21.910, target of the pattern is 23.800.
Starbucks Corporation (SBUX) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 21.700 and 18.740, and is currently supporting at 22.701.
Starbucks Corporation (SBUX) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 18.740 and 12.970,resistance between 20.940 and 15.300 which was broken down at 22.910.

Stock Trading Conclusion:
Starbucks Corporation (SBUX) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 25.30.
Stock Support levels : 23.66, 23.29, 22.99, 22.70, 22.68, 21.70, 21.65, 21.47, 21.29,.