Starbucks Corporation SBUX

SamerHa Updated 

On the daily chart, SBUX swings within the middle of an ascending wedge and tries to stabilize above the horizontal resistance area between Fibonacci level of 78.6% at $107.23 and $108.87. While we are now waiting for SBUX to breakout above the ascending wedge, which paves the way to advance towards $117.80-120.76 as initial targets. With setting the levels of...

TopgOptions Premium

If you haven`t bought SBUX Starbucks after my last chart: Then you should know that the rally could continue, in my opinion. Looking at the SBUX Starbucks options chain ahead of earnings , I would buy the $115 strike price Calls with 2023-4-21 expiration date for about $2.90 premium. If the options turn out to be profitable Before the earnings release, I would...

YEMbat

This inside pattern hit the numbers and had a natural harmonic reaction. Price has made a divergent retest. On the 1H, there appears to be an extended Bear Bat in place that is now signaling. Imo, this action justifies a Type1.5 short entry for the daily pattern. Expect price to drop to target1 as a minimum reaction. If price moves upward or has another natural...

ihabibrahim79

H&S pattern on monthly chart.,........................................

EPSMomentum Premium

The PEAD projected a Bearish outlook for $SBUX after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%.

gkm

Gapped down on bad news. Coming off daily divergence. Weekly overbought and possible outside candles breakdown. First target is the size of the new gap which also happens to be figure support at 100, 20 EMA, and 500 SMA, so might be good reversal long from there. Extension would be to about 96. Stop is daily close inside the gap.

MoneyChartz Updated 

SBUX seems to be showing a bearish divergence with the price action and RSI. If you can look at the chart, see how the Price action is creating Higher Highs, and RSI indicator is creating Lower Highs. That is a bearish indicator. Obviously, we do not want to make our decision just by using one indicator. We also see a rising wedge (in yellow) which we can...

joebarton

Looks to be getting pretty extended.. running into quite a few lines going into next week with a surely bearish FED meeting.

Nas369

Hi viewers, SBUX technically watched here now expecting new bullish push TP1:90 TP2:93 TP2:96

LoosingTrades Pro+

SBUX looks like it's getting heavy up here. I'm looking to short the break of the uptrend. It's currently at a 2.02% dividend which isn't great right now. I don't like trying to pick tops, but always seem to give it a go. So here's one for everyone to see. Ridicule me if you like.

elmurti

It moving up since last July ,and heading $114,$120 then $126 (fib retracements ) , hold it until it break moving ave down !

lauralea Pro Updated 

Earnings beat. Daily candle so far is a spinning top and represents indecision at the resistance line of the Rectangle. Neutral pattern until broken. No recommendation.

Patrick1812 Pro

Starbucks seeking for a possible short entry after a good correction and diverging MACD on 4H. Looking to short sell at the red line with target at the area of $90

YavuzAkbay

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.

ThanksNeo Premium

There is a head & shoulder on the 1M chart it may take some time to play out but lets see whats to come in 2023

yeahmikey Pro

SBUX is resting at the top of a parallel channel, within the handle of an inverse cup n handle. I am short to $96.

vf_investment Premium Updated 

The MACD and RSI indicators are showing overbought conditions, which may suggest that taking a short position at current level may be a good idea. The target would be when the price reaches upsloping trendline which may take awhile. Stop loss is 100,86. Entry level is 98,43. Entry as shown in the chart (red horizontal line)

ArturoL Pro+ Updated 

Price has formed a bearish flag since April. The latest weeks bulls couldn't push the price higher and the sellers took control. It can break down at any moment, I opened a small short position, if it breaks down and closes under the flag resistance with high volume in the daily timeframe I'll add to the short. SP above $95.