07/17/2020 $SBUX Sentiment Algo uses 'advanced big data analytics'. This stock has potential for a significant increase in volatility . This is not a buy/sell signal
SBUX waiting to open Short if falling to $70 will successfully confirm the "SHS" down pattern. SBUX sell : $70 SBUX target : $61 +-1 Stop loss : $75.60 Wish you good deals !
Nice looking head and shoulder top on NASDAQ:SBUX pattern has a price target just below $62 but there is enough support around that level to make it a good target on the downside. Notice how both shoulders are forming below the 200 day moving average adding to the bearish chart pattern.
Possible Resi 87 Possible Supp 82.35 If I make new trade; ep1 85 (now) ep2 83 ep3 80 (Double of ep1+ ep2) StopLoss below 78
Just a quick TA on this one, short, sweet and to the point. SBUX showed a noice bounce from it's current lows. Price is currently above the Red Point of control line, but was stopped cold at the 200MA. If you're looking to make a move on this one, we would wait for a break either above the 200MA, or a dip below the red point of control line. An upward break...
Here is my Technical Analysis for Starbucks
With the reopening news, SBUX has a great opportunity to recover from the coronavirus cliff fall. Support $70.6 and resistant $78.1 is a huge consolidating area and had been tested a few times. The current news more likely will push this stock towards the uptrend. RSI looks good (never overbought since the drop back in March) and the TTM squeeze is in the...
NASDAQ:SBUX :SELL Analysis Method: Fibonacci & Wave Theory Wave Sequence: Hourly Target: $50 Time-frame: 40-50 days Will update. FMW
$SBUX is approaching reistance, we will see if it breaks it on Monday!
My previous chart showed a false breakout downward and an advance upward. Is the upward breakout false too? We definitely have to remain flexible for any possibilities. First setup a possible A.B.C.D.E Elliott pattern correction AND a possible head and shoulders formation on the hourly chart with a neck line around $61 I've labelled two possible scenario's 1)...
Good day all, As I posted earlier there has been a nice Elliott pattern forming with the last leg developing. Further to this, a triangle pattern has emerged and has broken out with a gap downwards on daily. Generally speaking, the target distance is the widest part of the triangle which lands just around the $40 mark. Further confirmation to this is the...
AS THE MARKET BEGINS TO TURN, A PROPER RETRACE OF PRICE IS ACHIEVED AT THE 50% FIB LEVEL. A, B ,C FORMED AND CURRENT NEW ELLIOT 5 WAVE ABOUT TO FORM WITH TARGET AT 38.2% EXTENSION OR FURTHER. GREAT RETRACE TO FIB LEVEL 50% LAST WEEK FOR AN EXCELLENT BULL TRAP. THIS IS FURTHER COUPLED WITH USA LOCKDOWN WHICH ACCOUNT FOR 65% OF THEIR STORES. DEBATABLE IF ANY FLOW...
Hi, Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in three segments: Americas; International; and Channel Development. Its stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink beverages, and iced tea;...
SBUX forming lower high - double top. Its looking like the last leg up to ~$100 was the blow off top of an amazing run. Part of the 81% 2019 increase was due to their China success and growth; Coronavirus continuing to spread into different countries closing stores.