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;...
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.
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As you may know she´s in recovery since December 2017 after she broke her ankle climbing, received the (200 EMA) parts that she ordered from Wales and are now installed, but it will take some rehab to get back to climbing...
It has been nice weather out there, so BTC went to buy some shorts.
On the way back stopped for a late-nite Starbucks, but when her order...
Howard Schultz, the billionaire founder of Starbucks has been in the news lately, as he flirts with the idea of running for President in 2020. With that being said, the Megalodon is giving us buy signal on the technical side!
The Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over 2000 indicators to...
Possible short setup on SBUX, looking entry between 786-886 (highlighted in orange) or 1 line.
Don't forget to check the weekly Maxx Momentum to see if we have bearish divergence coupled with loss of momentum.
If SBUX breaks the white trend I have on the chart I believe that the targets levels I have are more likely to get tested.
Growth in China
SBUX same store sale are expected to increase over the next few years as China's middle class doubles, but are currently flat to slightly negative.
In spite of same-store sales in China falling, SBUX revenue is up 20% in China due to the opening of new stores at a rate of one shop every 15 hours in China.
China has recently partnered with...
Starbucks has been trading in an ascending channel since mid June.
Blue line is a long term resistance, there is an opportunity for some small profits in a short period of time.
Also, Fundamentally there is the up coming pumpkin spice / holiday season which could give a boost to the stock.
After news release that Starbucks closes 150 coffeshops, we had 2 big selling days. Breaking through one confirmed trend line and now testing another big one from the beginning of the trend.
This could be a good buying opportunity to trade a bounce with a good risk-reward ratio, stop below the 50 or 49, 1st target at the previous trend line .
This is going to sound weird but I recommend buying. Starbucks closing a lot of its outlets have caused a huge drop in stocks.
In all honesty, though, Starbucks has a very high chance of coming back from this, especially as they've started introducing new options and are now focused on doing better. They've identified multiple problems and are working on solving...