In my opinion, this is the safest call to make based on some of the greatest software out there.
Buy signal initiated by Divergence+ created by @marketscripters an insanely accurate script that gives buy and sell signal based on divergence & RSI
Not only is there a bright green buy signal but Elliot Wave analysis shows a second wave growing ( also created by @marketscripters )
We have two different scripts showing the same upward trend! That is amazing! Not only that though, we also have the MACD showing strong growing bullish divergence.
We are also about to break through resistance based on the Kurotoga Cloud
If this level of resistance is broken I can easily see SBUX hitting $119 a share by the end of the week.
This one is exclusively for my followers! No tags! Like this analysis if you are feeling the bullish momentum!
Buy signal initiated by Divergence+ created by @marketscripters an insanely accurate script that gives buy and sell signal based on divergence & RSI
Not only is there a bright green buy signal but Elliot Wave analysis shows a second wave growing ( also created by @marketscripters )
We have two different scripts showing the same upward trend! That is amazing! Not only that though, we also have the MACD showing strong growing bullish divergence.
We are also about to break through resistance based on the Kurotoga Cloud
If this level of resistance is broken I can easily see SBUX hitting $119 a share by the end of the week.
This one is exclusively for my followers! No tags! Like this analysis if you are feeling the bullish momentum!
Trade active:
Bought 4 calls for 0.50 a contract and sold them for 0.61 a contract. This is a 22% return on a day trade. First trade of the week was a success. Looking forward to my next trade.