SBUX W1 - The 4th wave is forming, which can lead to a continuation of the downward movement, but it is also clear that the price, after fixing the level, has formed a reversal pattern on D1, which can lead to a strong correction. D1 - Formation of a three-wave structure, you can try to consider buying from the level of 94.00. Locally to levels 101.76. If...
The Starbucks Corporation (SBUX) has been declining aggressively since early May 2023 as fundamentals failed to keep the mid-2022 rally going. Now there are heavy technicals for the stock to consider as last month (chart on the right) it closed the 1M candle below the 1M MA50 (blue trend-line) for the first time in 11 months. On the weekly (chart on the left), it...
SBUX like many other stocks out there has multiple Head & Shoulders pattern. One H&S is mammoth the other smaller. It so happens that price is simultaneously breaking a recent up channel. A break here could possibly result in a significant price drop. It is better to be out of a trade wishing you were in rather than in a trade wishing you were out. Caution is...
Here is one of my most explosive setups, the Pinbar. A bullish Pinbar on a HTF chart tells us that sellers tried pushing price lower but failed miserably due to a strong surge in buyers taking control and this is also confirmed by the CVol + The inverse head and shoulders on the LTF (5m). If you look at the 5m charts volume the last bar was much more noticeably...
Starbucks Corporation Long Enter: 95 Take Profit: 103.25 (8.62%) Stop Loss: 92.03 R:R Ratio: 2.7 Chart is bouncing of a strong weekly support zone
If you haven`t sold the Exposure to China news: or reentered the past earnings: Then analyzing the options chain and the chart patterns of SBUX Starbucks Corporation prior to the earnings report this week, I would consider purchasing the 100usd strike price in the money Calls with an expiration date of 2023-9-15, for a premium of approximately $4.50. If these...
SBUX Premarket Falls and here we expect a downside momentum towards the support highlighted.
SBUX fell going into earnings in early May and continued down all of May then pivoting into a slow climb on this 2H chart through the lower anchored VWAP bands until the present where it is about to cross the mean VWAP lines as signaled by an engulfing green bar after a Doji. The dual time frame RSI lines have both near the 50 levels with the lower in green...
SBUX gave the perfect automatic re-entry after tagging the mid-point pivot and returning to our original entry. Following the rules and reloading would have already ensured you now have your full investment lots, risk free. With no downside other than a $0 gain potential it's a good chance SBUX goes for it's $118.74 target. Based on how it pivoted down straight...
Starbucks - 30d expiry - We look to Buy at 97.62 (stop at 94.94) The primary trend remains bullish. 97 continues to hold back the bears. Bespoke support is located at 97.50. 96.17 has been pivotal. Offers ample risk/reward to buy at the market. The daily chart technicals suggests further downside before the uptrend returns. Our profit targets will be...
SBUX appears to be in a repeating downtrend from Summer 2021 to Spring 2022. It would be ideal to utilize AI to predict how low SBUX will retrace. However, for the purpose of technical analysis (TA) and trend observation, I'm sharing indicators such as RSI, MACD, and AO, which suggest a high possibility of SBUX repeating the downtrend. Over the next three months...
The weekly timeframe shows, that the price of this stock is bouncing of a support zone. It forms from previous bounces from this zone as shown in the chart. Besides that, we have a bullish engulfing candle last week. So there is a potential buy opportunity with a 2:1 Risk-Reward-Ratio to the upside. Enter: 101,87 StopLoss: 95,38 TakeProfit: 113,9 have a great...
Long call for Starbucks after bouncing off critical support levels around $98. After moving up the past few days I am looking at $104.99 for the next target.
i expect this move for Starbucks in next month and before next earning call
Starbucks is exhibiting a robust support level on the daily timeframe. The price has shown a bullish sentiment by respecting this support level. As a result, we anticipate a bullish reversal and the formation of an upward trend. This bullish momentum could potentially drive the price to revisit the $107 level.
🔹SBUX has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. 🔹Break downwards through 98 will be a negative signal. 🔹Overall assessed as technically positive for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH |...
Starbucks entering major demand zone that cant be ignored, its not lost on me that we just broke the 200SMA however Risk/Reward is prime in this name at this exact spot. Stop loss should be a daily close under demand zone
NASDAQ:SBUX Analysis, Key Levels & Targets Time for some new swing targets… Target 1 at 94, and Target 2 @77… and that is the start, but all of the other targets are in play as well if we dip even harder… and target 1 and two would create a head and shoulders if hit… --- I am not your financial advisor. Watch my setups first before you jump in… My trade...