STARBUCKS CORP NASDAQ:​SBUX

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!

I wouldnt buy sbux today but maybe in a couple of months

#SBUX Since price Moving in sideways here is some possible bouncing areas.

Starbucks has been in consolidation for quite a while. I believe it's due for a breakout, but due to macro issues - it hasn't been able to. Earnings season has come, and earnings are showing very positive numbers. Assuming SBUX follows suite, it could trigger a breakout, which will in turn trigger a mid-term rally opportunity. Note that this is assuming macro ...

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.

Bearish Cypher with bearish divergence.

Just what I draw in the chart, a lower high is appear, but need to care 59.09 ( it breaks and up, the trend as more opportunity go long ). Lets see what happen in future.

https://www.tradingview.com/x/Tk3FFJlp/ 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 ...

Watching next day or two for break up or down. Consider call options/puts in green zone based on breaks.

Where does price reverse from.

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

Possible gap fill on the horizon. 10/20/50sma pointed up. Short term long trade here.

NASDAQ:SBUX

NASDAQ:SBUX Cannot help seeing bearish, trend reversal structures everywhere.. now in SBUX WHY - nicely formed double top and unlike double top in AAPL https://www.tradingview.com/chart/AAPL/hBxIYlrP-AAPL-double-topping/ this one is formed - broad market seems to be topping - very nice divergence in indicators - bearish engulfing on W HOW - short stock with a ...

"Things will be different this time!" - other traders If the pattern is strong enough, trade the hell out of it! Was lucky enough to pickup some 54.25's.

SBUX Wave Analysis

Starbucks gapped down on earnings recently. Price retraced to the 20EMA area. Volumes recently below average. If it can make a lower low and lower close below the 20EMA it can provide a bearish opportunity

Another stock I've been a fan of, good earnings, should break through the resistance fib level. Watching this stock for a potential short term call option. Also like the stock to own.