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...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
Starbucks looks to be trading at a discount and I believe it's ready for a slight pull back here after the daily open spiking up a bit. I assume a pullback to about $85 is likely over the next day or two then a trend continuation...
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
Beyond Technical Analysis
I am back from my 2-week trip to China, where I spent time in Beijing (China's capital), Shanghai, and a few days in Hong Kong.
Its presence is non-existent. In terms of how many stores, as well as the quality (size, location, etc.) I saw over there, I found Starbucks to be the most important coffee. Another coffee shop I...
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 up...
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...
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 our...
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!
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...
This stock is featuring for the first time on our TradingView blogs.
Current setup: Price is trending well and continues to look strong based on the monthly timeframe.
Conclusion: As long as price continues to create higher highs and higher lows on the daily timeframe, we should continue to see this stock remain bullish.
Any comments or questions, do not...
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.
This trade is 43 deltas negative and can be done for a credit of 9.01. Best case profit of 901 is achieved below the stake of the sold call of 72.5 and the worst case loss is a loss of 349 per contract above the strike of the bought call, 85. There is technical support at 75 -- this is why the written call strike is below 75.
SBUX has a whopping high PE of 30;...
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