It has to be said that Starbucks doesn't look good at all in the monthly timeframe. If the formation works, it will be possible to see the level of 63 dollars in the summer months. Approaching or crossing the $120 level means formation cancellation.
SBUX is resting at the top of a parallel channel, within the handle of an inverse cup n handle. I am short to $96.
Today I entered into a put option position on Starbucks expecting a pullback to the 79-84 area. (golden pocket and .5 retracement level) Some reasons: - Bearish divergence on medium time frame oscillators - Resistance levels noted on the chart as trend lines It appears that Starbucks may be forming a head and shoulders pattern as well, I plan to hold some of my...
Cup and Handle on Starbucks formed, broke up and out of it and is heading up. The moving averages are super bullish 7>21>200 Target $113.42 CONCERNS: The handle has formed gaps which is not good for TA as gaps close 70% of the time. This makes it a Medium probability trade where I only risk 1.5%
Looks like it wants to cross the $100 and collapse for a double bottom next year.
it seems to be forming a diamond, on the weekly it looks like a symmetrical continuation triangle, there is no resistance on the weekly, the two gaps of Nov 20 and the island reversal of the end of March 21 could help in establishing a BreakOut I also don't rule out a bearish reversal H&S, the volumes initially made me think about that
We belive that the current pullback is an excellent opportunity for bulls. This is likely to be a mid-long-term uptrend.
Starbucks Corporation ( NASDAQ:SBUX ) Sector: Consumer Services (Restaurants) Market Capitalization: 96.703B Current Price: $87.11 Breakout price: $90.30 Buy Zone (Top/Bottom Range): $86.30-$81.55 Price Target: $106.60-$108.40 Estimated Duration to Target: 65-71d Contract of Interest: $SBUX 12/16/22 92.5c Trade price as of publish date: $3.50/contract
Hi friends! Matic is make the biggest performance among other altcoins. But after the Inflation rate announce, it`s make a pullback to the global trendline. Even the announcment of the partnership between the Polygon (MATIC) and Starbucks don`t PUMP the price . This mean that the big buyer is waiting for the better price and don't want support the price to buy...
First lower high after a long bull channel also is testing the supply zone (order block)
NASDAQ:SBUX Starbucks earnings continuation and gap fill following trend
A strong bottom has formed along a Starbucks uptrend on this daily timeframe It has also been previously seen as a point of resistance which further emphasizes its potential as a future support (how it is acting now) Buy on this daily timeframe
Looking at the SBUX Starbucks Corporation options chain, i would buy the $90 calls with 2022-9-16 expiration date for about $1.88 premium. Looking forward to read your opinion about it.
as you can see, there is a symmetric triangle, there, waiting for retest the breakout point an going up 15% to the end of the pattern, the triangle means a trend reversal, so, we can expect to see higher prices for $SBUX
If you want to go long, the time is now. $SBUX has been created a symmetrical triangle pointing to $93
Starbucks Shortterm - We look to Buy at 76.22 (stop at 71.07) The trend of higher lows is located at 70.80. This is positive for sentiment and the uptrend has potential to return. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to buy dips. Although the anticipated move is corrective, it does offer...
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink...
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on June 1, 2022 with a closing price of...