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Starbucks Corporation Message Board

  • flynnad93 flynnad93 Aug 27, 2012 10:39 AM Flag

    200 Day MA cross over 50 Day MA Bearish

    The 200 Day Moving Average just crossed over the 50 day moving average. It looks like this long uptrend is over and the fall begins now. Target prices: 43.50, 42.25, 41.20, 33.50, 30, 25, 20.75. This could be a long fall. I would short now or wait to see if the price goes up to 51, then short. Cover around 30 to be safe.

 
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