Bearish triangle patternLooking for a downward breakout from triangle to retest support. I'm already short this.. not trading or Financial advice
2.35%
3.60USD
4.125BUSD
35.952BUSD
1.107B
About Starbucks Corporation
Sector
Industry
Headquarters
Seattle
Website
Employees (FY)
381K
Founded
1985
ISIN
US8552441094
Starbucks Corp engages in the production, marketing, and retailing of specialty coffee. It operates through the following segments: North America; International; and Channel Development. The North America and International segments sells coffee and other beverages, complementary food, packaged coffees, single-serve coffee products, and a focused selection of merchandise through company-oriented stores, and licensed stores. The Channel Development segment include sales of packaged coffee, tea, and ready-to-drink beverages to customers outside of its company-operated and licensed stores. The firm's brands include Seattle’s Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve and Princi. The company was founded by Jerry Baldwin and Howard D. Schultz on November 4, 1985 and is headquartered in Seattle, WA.
Will it pierce through the $90 mark for SBUX?We can see from the chart that around 90 dollars is a major resistance level where the price action fails to go below substantially (hovering at 84 dollars) but fail to break above the 92 dollars........
With inflation soaring higher in food, transportation, gas, etc , are people still drinking the
Starbucks swinging upStrong current numbers brought the share price on november 2nd a good pump of about 15%, where the value bounced off an initial resistance. This trend line was tested repeatedly until the end of the last trading week.
As a result, it is possible that in a good environment this trend will be broken
SBUX testing significant resistanceStarbucks Corp. (SBUX) presently testing significant resistance, able to absorb weekly buying pressures.
From here, (SBUX) can drop to channel support, eliciting losses of 15% - 20% over the following 2 - 3 months.
Inversely, a weekly settlement above resistance would place (SBUX) into a buy sig
Starbucks reported its 2023 results. What next?Starbucks Corp. delivered a solid financial 2023 report. Revenue for Q4 of the 2023 fiscal year reached 9.4 billion USD, with a relative increase of 11%. Net profit per share for the same period increased by 39% to 1.06 USD. The company's management plans to maintain sales growth rates above 10% and
SBUX - Measured move on earningsExcellent gap up on earnings for $NASDAQ:SBUX. The move reclaims the 200SMA and price action has filled the expected range when taking a measure from prior swing low through the gap. Now lets see what kind of momentum can follow through.
Counting downtrend cycle complete at starbuckStarbucks has come to strong support for buying ...In my view, the market will start an uptrend back...This is not buy call,just sharing idea
'' Starbucks Is Going To Have Its Q4 Earnings Report Soon.''Hi its lubosi stocks.
and am here to talk to you about Starbucks. NASDAQ:SBUX
Starbucks is in a bear market.
Look at the chart above.
Starbucks is going to have its Q4 Earnings report soon.
Honestly, I don't know why it's in a bear market.
But this stock flashed on the proprietary trading syst
Starbucks Could Be StrugglingStarbucks has drifted lower since May, and now traders may see further downside risk.
The first patterns on today's chart are the candlesticks on October 19 and October 25. SBUX tried to get above $95 but failed to close there in two separate weeks. Such price action could reflect selling pressure.
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