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
Last post: July 3rd 2019. See chart . Review: Price was in a nice up moving trend. Update: Price has continued to head higher since. Conclusion: This stock should present a nice trading opportunity on the next breakout. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
SBUX could hit $35.00 by CountdownToOct2021 Market Low
SBUX 204 Monthly SMA = $40/share - could lose over 50%
#DumpingStarBucks @ 87.64/share (Going Short)
Last post: June 20th 2019. See chart . Review: Price was trending up nicely showing a nice bullish candle last month. Update: Price has since broken above a previous high. Conclusion: As we have broken above a previous high, price is looking strong and creating new all-time highs. Any comments or questions, do not hesitate to leave them below. Give us the...
SBUX flatlined in the last few sessions. Possible Short opportunity. Let's keep watching!
2.618 extension hit. Looking for a retrace to previous resistance at the .618 of current leg up. It's just coffee.
Love SBUX but time for a cool off. Gap from 2018 has not been filled all the way, rally has been great but all parties end and this might be one of them at least short term.
SBUX has defied the recent weak market activity, and has run up to a new all-time high. The Percentage of Shares Held by Institutions remains well above average for a big blue-chip stock.
Using Fibonacci retracement: SBUX next resistance is $85.75 . If we brake above this line with high volume, it confirms the extended bull trend; meaning we could spend some more time in overbought conditions. RSI and OBV confirm strong uptrend since July 2018. Check weekly time-frame for a clear view.