NASDAQ:SBUX STARBUCKS CORP Stock - NASDAQ (USA) Profit:Risk = 2:1 --- Buy = $75.12 Take Profit = $75.80 Stop Loss = $74.78 ------ Take Profit = +0.91% Stop Loss = -0.45%
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. Maxx <3
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.
SBUX has previously shown many trading patterns such as head and shoulders and flags. Currently, the stock is in an upward flag, but also on the middle of two Fibonacci levels. The blue line represents short-term resistance if the stock breaks that I believe it will stay in this Fibonacci level with enough time to hold until the next resistance line. This upward...
For this one it is very important to take note of that sloped yellow support line that has already held for longer than I initially thought! Only after breaking this line we can confirm a bigger correction. Starbucks has made an amazing run all the way to above the 2.618 fib extension of wave 1! It is obvious that this kind of growth is most likely not...
Simple Elliott Wave demonstration of multiple extensions within Starbucks price rise over the last Quarter-century. Expecting a possible correction of 35-50%, but anything can happen. Know your Elliott Wave rules and apply them!
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 . Alternatively a...
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...
This is on the weekly and the price took out the last significant support level, this will now. I still don't know what caused the price action but it doesn't matter cause I do what price tells me to do
Stop can be use paralel with SPX 2766 weekly close. There is someting going on this here with suprise earnings and misleading news around. Let's try what will be As always max. 1% on total capital risk must limit your size.
WE GOT A SELL OPPORTUNITY? I believe that we got some real sell opportunity here guys. Prices could go down to lows of 55.00, be very careful as prices are approaching the ''V/Chinese Hat'' as prices could reverse quite sharply or could penetrate through with very strong volume! TP:55.00
Starbucks usually recovers when it takes heavy hits The reaction time may be SLOW but it's low-risk buying at this point in price. Always use stops! Cheers.
Double top on resistance and head and shoulders forming. Cycle from 2009 is due for a correction. Look at the previous cycle for a clue. The trend of parabolic advances may continue after after a correction to 42 or even 50 if lucky, but this year doesn't look too hot for the coffee giant.