Graph 1

Period: 10/7/19 - 10/9/20

Graph 2

Period: 10/12/20 - 10/15/21

The established support and resistance levels for graph 1 were as follows:

Support - 72

Resistance - 90

Based on the support and resistance levels from graph 1, using graph 2, has the stock penetrated the support and resistance levels during the period of 10/12/20 - 10/15/21? If so, please discuss and indicate what action you would take and why?

Thank you!

SBUX 86.57 yahoo/finance 20.01 85.00 80.00 75.00 70.00 65.00 31.29M Oct Nov Dec 2020 Feb Mar Apr May Jul Aug Seo Oct SBUX 114.55 ahoofinance 125.00 120.00 115.00 111.45 110.00 105.00 100.00 95.00 25.71M Nov Dec 2021 Feb Mar May Aug Sed Oct SBUX 86.57 yahoo/finance 20.01 85.00 80.00 75.00 70.00 65.00 31.29M Oct Nov Dec 2020 Feb Mar Apr May Jul Aug Seo Oct SBUX 114.55 ahoofinance 125.00 120.00 115.00 111.45 110.00 105.00 100.00 95.00 25.71M Nov Dec 2021 Feb Mar May Aug Sed Oct