Starbucks could see a breakdown after stalling around key level, according to the charts
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最新报道：Starbucks shares are facing potential downside risk after stalling near a critical resistance level around $115, according to technical analysis by Fairlead Strategies. The coffee chain's stock has struggled to break above this key level since May, forming a bearish "double top" pattern that often signals a reversal. Analysts note weakening momentum indicators and suggest support may be tested near $104, with a breakdown below $100 potentially triggering further declines. The stock's performance contrasts with the broader market rally, as investors weigh slowing same-store sales growth against Starbucks' ambitious global expansion plans.
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