- Above key moving averages (8,21,50) - TTM Squeezes on multiple timeframes (1h,2h,4h,D,2D,3D,W) - No Earnings, Dividend Payout in the near future - Catalyst: Earnings was not bad at all. Multiple analyst have buy ratings well above where the stock is trading right now.
**Ratings And Price Targets as of Nov 1st:**
-Cowen has an Outperform rating and a $125 target. -Bank of America has a Buy rating and a $135 target. -Wells Fargo has an Overweight rating and a $122 target. -Wedbush has an Outperform rating and a $128 target.
- Rotation out of tech stocks could move SBUX in the next couple weeks. - Daily bullish MACD cross - Daily RSI curling up