Starbucks Corporation (NASDAQ: SBUX), world’s #1 specialty coffee retailer, just formed a golden cross.

A golden cross is a bullish signal that usually indicates a stock’s share price will rise over the near-term.

As you can see on the chart above, a golden cross occurs when the 50-day moving average (purple line) crosses above the 200-day moving average (green line).

My team of traders believe this move signals the company’s share price could gain up to 5% over the coming weeks.

Consider buying SBUX today.

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