Good morning traders, Starbucks NASDAQ:SBUX hit a very strong Trend-line. We connected two points that are several years away and it's really interesting because it really stopped the market! This analysis contains not only a description of the current situation but is also partly EDUCATIONAL. The video content is as follows: 1. Market Profile...
I will keep this brief > Just wanted to give some bullets. I believe the Plunge has resulted in a major overreaction and the current 4-6 levels provide a great opp for longs. The risks of further downside have been mitigated by recent corporate action to right the ship. THE BAD NEWS IS BEHIND AND STOCK HAS PLUMMETED 85%+ IN RECENT DAYS 1. The 300 mil...
Hi, Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in three segments: Americas; International; and Channel Development. Its stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink beverages, and iced tea;...
I am a coffee addict and i hate bad coffee, and #starbucks is one of the worst imo, but chart is pretty bullish, so im looking around for call options. Tried to show my projection on chart ALWAYS waiting for SETUP's not only price My target is 110 usd I'll update if the setup is ready
after a nice move yesterday following an upgrade by jpm SBUX looks good to attack the highs again background: stock trended higher for a year until august 19. since then price had a correction bottoming at around 80$. price created a nice round bottom and now breaking to the upside on good news and market momentum. game plan buying on a break above yesterday...
The RSI study on SBUX has worked well, as it behaves very closely to the stock price. A Uptrend RSI & price B Downtrend RSI & price C Price consolidation & RSI uptrend Fundamental J.P.Morgan raised its rating on the SBUX to "overweight" at $94 FE.
Starbucks broke the hight, is making a correction and has a 90% chance of hitting 80, sooner of later
This is just a potential outlook. We'll be waiting for price to approach resistance #1 If price can break through resistance #1 , we'll enter buy positions to targets at resistance #2 . If price can further break resistance #2 and turn that into new support, there is a good chance that we can see SBUX continuing upwards to its previous highs.
I little riskier since still under the 50sma and inside the cloud, however the risk reward is worth it! LONG!!!!
I see a potential and I am going to go long small position. SBUX TRADING SETUP: Direction: LONG Entry: 83.45 SL: 80.76 ($2.69) TP: 89.07 Risk: 1% Risk reward ratio: 1:2 Disclaimer: This is not financial advice Trade safe, Atilla
$SBUX Daily chart. Secundary uptrend line was broke and is now acting as resistance while 0,61fib is acting as support.
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...
SBUX is in a good risk:reward position. the ratio at 1:1, an opportunity to buy the stock and take a cup of coffee in starbucks, quite a good plan for monday morning to me.
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...