The technical figure Channel Down can be found in US company Starbucks Corporation (SBUX) at daily chart. Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves. As the world's largest coffeehouse chain, Starbucks is seen to be the major representation of the United States' second wave of coffee culture. As of September...
Stock Trading in daily Time frame Correction which is expected to end in coming week....stock is good to buy at current levels with SL 105 for 155 in next one year
After exceeding market expectations in terms of earnings, NASDAQ:SBUX made a downtrend gap. Probably those with filled pockets made a happy exit. (take profit) But, an Inverted Hammer Doji pattern closed the day. Looking at the general uptrend of this stock my guess is that it shall bounce back into positive domains.
This thing has REALLY ran since we first pointed it out for the possible long setup. But it’s now getting to the point where the move seems overdone. As always, my opinion doesn’t mean SHIT! But I WILL be prepared to fade this if it starts to have some lower highs set in and gives me somewhere to have defined risk. Best case scenario is another day up extension to...
Eearnongs on the 27th. Bought 3 $126 calls for 8-6. I’ll sell two the day before earnings and let the last one ride. Ez $$ here. Fast food earnings is being rewarded massively all across the board
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...
Need some news or a fresh catalyst to get this thing going through $120s. Starbucks is a preposterously strong stock. Use appropriate size.
$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).
Starbucks is a solid company. They had a nice quarter as of late as well. Recent News: 1.Cold coffee is on the rise and ready-to-drink (RTD) coffee is a significant category, yet 72 percent of households1 have never tried a RTD coffee product. Starbucks newest RTD innovation, Starbucks® Cold & Crafted, was developed to appeal to this very customer with their...
SBUX Bearish wedge and negative divergence on the weekly 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...
I have entered a sell on Starbucks -Remember this is not financial advice, if you’re not sure if an investment is right for you, you should always seek professional advice. All investments can rise and fall in value so you could get back less than you invest. Past performance isn’t a guide to the future.
Today, we will share a clear trading situation we are observing on SBUX. Main items to pay attention to: a) Ascending channel: key structure of the bullish movement b) Support Resistance Area: The price is above this level showing strength on the bullish view c) Flag Pattern: Continuation structure supported on the Ascending trendline + Support...
simple and sweet, Starbucks is ready to run. Looking like it is going to hit 104-106 this week before culling some profits. Trade well and hope you hold some.
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...
NASDAQ:SBUX currently stuck in range, consolidating a bullish flag and waiting for earnings to decide which way it wantst to go.
WE SHOULD NOW SEE A RUN TO 110 TO 113 OVER THE NEXT 7 TO 10 TD . WE ARE AT THE 50 SUPPORT AS WELL AS THE HIGH IN JAN 2020 I HAVE MOVED INTO JUNE 110 TODAY AT 3.95
Peppermint mochas out of season? oh well Starbucks released 5 new drinks to start off 2021! Now with earnings coming up we could see a nice rally. Sitting at the bottom of my channel here, could see a nice bounce near 101 and break of the recent downtrend line to retest ath, break over 107 I can see 110. Trading plan annotated in the chart!