SBUX finally broke through that major resistance @ 114.70 w/ volume. We have also entered time cycle one on the TTM Squeeze. We're in the 7/16 115C and up 45% @ close. SBUX still has a lot of momentum to test 117 area and possibly take out the high. I can see this happening within the next week or possibly early if the market keeps trending higher.
SBUX - Is at 100 EMA & it usually bounces here, also at daily demand zone, watch for reversal for calls here
SBUX 2HR TF ----------------- ANALYSIS Coffee is in high demand, but SBUX is facing inventory shortages (cups, syrups, oat milk) as it continues to reopen locations world-wide. SBUX is already making amends as the company is resuming it's reusable cup program and dropping its summer 2021 drink line up.... This past week SBUX showed some strength to reverse...
SBUX is looking good and ready for breakout soon. Here's a couple things we need to look at: 1. Increasing volume as well as relative volume over 1 (currently at 0.68) 2. A break through of one of our targets listed below 3. Candle close above or below trendlines Levels I am looking at: Calls < 113.58 Puts > 109.69 Follow these guidelines and it will print!
Need some news or a fresh catalyst to get this thing going through $120s. Starbucks is a preposterously strong stock. Use appropriate size.
subs technically looks good, Im in with stop just below the trend line. ill Keep updating
$SBUX 4HR Chart Overall Trending in a nice channel up and sitting near the bottom of the channel, watching for a breakout of the recent downtrend (orange line).
$SBUX | #Analysis | #StockMarket Price Target 120.41 🎯 3 Bar Play ✅ Increasing Volume/Momentum ✅ Flagging on Lower Timeframes with Bump & Run Reversal ✅ Entry on Break of 113.18 with Confirmation ✅ Invalidated below 111.97 ❌
NASDAQ:SBUX Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%, TP ~ 110 CALLS for 21 May Strike 110$
SBUX is a retail play that is gaining strength - liking this play in the coming few weeks after saw this recent channel bounce. Eyeing the 108 level for a break out, 110 calls for next month are a relatively cheap play with great R:R.
Here we go again, trying to manage one of the most challenging markets ever. Definitely the most challenging since my trading career started. Bullish Pennant following a 4-month correction interrupting a massive bull run. I am being very selective lately and I only trade when I see very limited risk, with potentially great rewards. This is why I like this setup....
SBUX Bearish wedge and negative divergence on the weekly chart.
Cup and Handle pattern found on SBUX hourly chart ... Please see the notes on above chart
NASDAQ:SBUX (STARBUCKS: SBUX ) - Trend Analysis - 📑Value: 6/20 📈Growth: 20/20 💰Profitability: 14/20 🚀Momentum: 8/20 💸Earnings: 16/20 🖇️Total Score: 64/100 Analysis: Low: $82 Average: $109.53 High: $125 Current: $107.59 Income Statement: Revenue: $23.17B Gross Profit: $4.93B EBITDA: $2.87B Net Income: $664.80M EPS Diluted: $0.57 Cash Flow...