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Buying and Selling in the Stock Market on September 13

Purchase of shares in Starbucks Corporation (#SBUX). American coffee company and coffee shop chain.

On the weekly chart, the signal line of the Marlin Oscillator entered the zone of positive values, the weekly candlestick settled above the 200.0% Fibonacci level. The price develops above the balance and MACD indicator lines. The target of the movement is the Fibonacci level of 238.2% at the price of 129.90.


On the daily chart, the price settled above both indicator lines: balance (red) and MACD (blue). The Marlin Oscillator is moving up in the upward trend zone. The technical situation's advantage to growth.


Sale of shares of the Coca-Cola Company (#KO). Beverage maker: the price has firmly settled below the balance indicator line on the daily chart. The MACD line, which is an indicator of the direction of the trend, turns down. The Marlin Oscillator is declining in the negative zone. Downward trend. The target of the movement is the July low at 53.54.


The material has been provided by InstaForex Company -