The technical figure Triangle can be found in the US company Starbucks Corporation (SBUX) at daily chart. Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It is the world's largest coffeehouse chain. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of...
These could go either way - long the bounce or short the breakdown of support.
$SBUX Key Levels, Analysis, & Targets So I do think that here I’m going to start with target 2 - but target 1 might catch it. I’m still aiming for 2. Swing setup 1 at 79.11 1 at 71.06 2 at 60.85 4 at 50.02 (Then multiply by your multiplier (x5, x10, x100, x1000, etc to find your position size) --- I am not your financial advisor. Watch my setups first...
Previously I mentioned that I might be interested in taking a position around $73 but I didn't because it doesn't look like its done falling. I believe it is going to $60 area before finding some sort of support. What do you think? Disclaimer: Not investment advice. ——————————————————— How to read my charts? - Matching color trend lines shows the pattern....
The PEAD projected a Bullish outlook for $SBUX after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 85.71%.
great stock for return on capital investment build on secondary account!
Based on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF $SBUX breaches yesterday's low of $77.13 during today's session.
After touching our price target here: Starbucks Corporation (SBUX) is in line with earnings expectations: Revenue: $7.6 billion vs $7.62 billion expected Adj. EPS: $0.59 vs $0.60 expected U.S. same-store sales: 12.00% vs 8.90% expected International same-store sales: -8.00% vs 1.87% expected The China threat to SBUX is not over yet in my opinion, the U.S....
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Is it time to switch to defensive stocks like Starbucks when recession is looming and there is a sell off on the market? Fundamental analysis - all the financial indicators are pretty consistent and positive, apart from one that may deter the investors - rise of liabilities against the assets and equities which is exceeding the norms. Technical analysis -...
price range 72 to 78 expiration 29 may max profit 100 max loss 400
chart says why. 2024 leaps loaded. everyone calling for a market crash is the main reason why we will not get one.
MACD, RSI, and Insilico levels all screaming bottom is in or near ON THE WEEKLY. 2024 leaps loaded at the lows yesterday.
SBUX getting hit hard right now.. I like this strong support break to the 100MA on the monthly chart. Will be a swing trade so if using options give yourself some time.
0.38 fib retracement seems a good point to stop falling and at least "rest".
SBUX heading lower, move below recent low at 78.90 should trigger a sharp move to the downside.
Starbucks saw more downside after the RSI rejection as expected. If we move above local/trend resistance I am targeting 94.57-99.07, below local support I will target 79.27
Share buybacks help decrease float and push the price up. However, this is Starbucks we are talking about. The share price is too low; there is too much liquidity in the market for the price to dip like this more than 5%. I am long!