Coffee is always a big hit in themorning so let’s analyze Starbucks stock. In the past nine months, Starbucksstocks has increased consider, up 33.45%. Investors want to know if there is still more upside to the stock. First off, Starbucks has a highPE, over 30, this indicates that the market has high expectations for thecompany. In recent quarters, Starbuckshas been increasing profits partly due to lower commodity prices. If you believe that there is still upsidepotential to Starbucks, then it might be a good buy, otherwise you might wantto wait until there is a market correction. Below is a look at some technicaltrends that I spotted. - There is a short term level of support around $70. - There is an upward trend over the past 9 months, currently the price is touching the bottom trend line. - The price is currently on the middle Bollinger band.