Starbucks is being under heavy selling pressure since the start of September having fallen over -12% since its All Time High. This is not alarming for long term investors as the rise since July 2018 has been extremely aggressive (that aggressive that the Monthly chart is still bullish with RSI = 67.474, MACD = 8.570, Highs/Lows = 8.7721), but the selling isn't...
I see Starbucks followed the market today, I believe the market is settling down and normal fluctuations will occur. Based on previous price action, including candlestick trends I predict SBUX to rise all week and break $90 a share by Friday, 10/4
I am deep into my option contract. 100 contracts for $105 by 11/15, counting on Q4 earnings to blow SBUX out of the water. I believe the remainder of this week will be good for SBUX since volatility has slowed down. Next week technicals are showing strong buys. Looking good all around, this will be a fun ride.
Check out my trend lines, and predicted price movement lines. This is a fun test of my skills. I have been here a week and am still learning. For those of you who have been following me I am a SBUX bull. I have a high stake in an options call for SBUX to hit $105 by 11/15. I am relying on steady growth until earnings and then a killer Q4 earnings. Comment below...
With market volatility dissipating and a big $30M EU court win for SBUX will help drive the price up the rest of this week. My closing price prediction is $92.50. Are you a Starbucks bull? Ready for Q4 this October? It will be a fun ride.
I have created trend lines to show a future prediction of Starbucks stock price, with expectations that SBUX will beat Q4 earnings.
Please refer to my previous trend analysis, I added a new line to show how I got my bottom.
This prediction will be Starbucks stock fluctuation and value by September 30th. A lot of work went into this and I am betting big on an option contract that expires 11/15. 50 contracts for SBUX to be $105 Comment below your bullish or bearish thesis on SBUX
Best place to retake STARBUCKS shares, between 64$ && 67,30$ (fibonacci 61,8% of the last impulse). El mejor sitio para retomar STARBUCKS ahora, entre los 64$ y los 67,30$ (fibo 61,8% ) #startbucks #sbux #nasdaq #trading #daytrading #investment #investor #MARKTADVISOR
Is there a new opportunity coming up for SBUX investors?
Last post: August 7th 2019. See chart . Review: Price gapped up, and started to pull back. Update: Price filled around 50% of the gap and has started to rise again. Conclusion: If the bulls can continue to have control then we should see a break of the previous high soon. Any comments or questions, do not hesitate to leave them below. Give us the thumbs...
Last post: July 28th 2019. See chart . Review: Price gapped up, showing strength to the upside. Update: Price has pulled back and has filled half of the gap. Conclusion: If this pullback has already found support then we want to see if price will break and close above the previous high and $100 round number. Any comments or questions, do not hesitate to...
Entry: 95.66 StopLoss: 94.33 Target: 98.49
Last post: July 13th 2019. See chart. Review: Price was trending up nicely. Update: Due to earnings, price has gapped up showing further strength. Conclusion: We want to see if the gap will be filled or whether price continues to create new all-time highs Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share...
SBUX going strong for a longterm!!
This is an excerpt from the Parallax Weekly premium report originally published July 15, 2019. "The net-positioning in coffee has surged, and the percentile metric is not suggesting it’s extremely overdone even though the one-year z-score is well above 2. The problem now is that coffee prices have declined from $116 to $106 with net-longs still in charge. There...
big if true. chart is getting exhausted