Starbucks Corporation
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$SBUX potential technical rebound

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SBUX

Low 50's serves as a strong support area for $SBUX. Selling volume slowed down and things rebounded lightly this week (week of 8/20) - can forsee a bit of sideways movement for a bit but assume if mobile payments and china continue to move in the right direction this should rebound back to $60s over the next quarter.

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