Hello Everyone, Followers,
This week i will share not too much as in my scans i couldn't find many potential stocks.
First one is Starbucks. I have a some positions on Starbucks and it is performing well during the last quarter and my expectations on it actually high.
So 29th of October they will publish quarterly reports after market closed. We need to watch this results closely.
What i see is technically . There is a break out and it was broken the down trend to up, but Volume is not fully support this break.
This could be preperation for Financial results and my expectation is to reach 100-104 level before end of the year.
First it need to be stay above 86.00 - 86.50 , if it achive to stay above this level then first resistance level is in 93.00, of course with better than expected results it can directly hit this level or even breaks this level.
My expectation on Monday and tuesday it will stay stable on these levels.
With a good financial results there is a big potential to reach 100 level.
If results come worst than expected than probably we will see 76.50 - 77.00 - If so then I will definatelly increase my positions on this level.
Everthing depends on Financial reports, and before investing SBUX we need to wait report. If you love the Risk :) , you can buy on Monday or Tuesday before market closed.
My Strategy : Waiting is key, but somehow chart shows me there is a some preperation before Financial reports.
You can invest SBUX just for its dividends as well by the way . Every Quarter they are paying stable dividend and if you are a long erm investor then I can suggest to buy and hold SBUX.
This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.
Have a lovelly evening and rest of the Weekend to all.
This week i will share not too much as in my scans i couldn't find many potential stocks.
First one is Starbucks. I have a some positions on Starbucks and it is performing well during the last quarter and my expectations on it actually high.
So 29th of October they will publish quarterly reports after market closed. We need to watch this results closely.
What i see is technically . There is a break out and it was broken the down trend to up, but Volume is not fully support this break.
This could be preperation for Financial results and my expectation is to reach 100-104 level before end of the year.
First it need to be stay above 86.00 - 86.50 , if it achive to stay above this level then first resistance level is in 93.00, of course with better than expected results it can directly hit this level or even breaks this level.
My expectation on Monday and tuesday it will stay stable on these levels.
With a good financial results there is a big potential to reach 100 level.
If results come worst than expected than probably we will see 76.50 - 77.00 - If so then I will definatelly increase my positions on this level.
Everthing depends on Financial reports, and before investing SBUX we need to wait report. If you love the Risk :) , you can buy on Monday or Tuesday before market closed.
My Strategy : Waiting is key, but somehow chart shows me there is a some preperation before Financial reports.
You can invest SBUX just for its dividends as well by the way . Every Quarter they are paying stable dividend and if you are a long erm investor then I can suggest to buy and hold SBUX.
This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.
Have a lovelly evening and rest of the Weekend to all.
Trade active
Tried to follow yellow pattern then broke up the down trend to up , now it is coming to pull-back . If it breka the resistance level 86.30/86.50 and stay above this level then there is a possibility to hit 100 before end of the year. I am still holding it.Note
looks 86.30 is a strong Resistance level. If it can achive to break this level and it will gain more Momentum to hit next target which is 93Note
Still consolidating. Tried and open small amount of positions
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.