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Starbucks is sitting above support and could break out to resistance 1 or resistance 2 on Monday 3.11.24. MACD proves growing bullish divergence while divergence+ shows bullish divergence as well. The Kurotoga cloud shows the downward trend based on resistance but current resistance is weak and the current candles are starting to break through. I predict a 1-2%...
Reasons for bullish bias: - Price broke Last LH - Bounce from strong support Entry Level(CMP): 96.17 Stop Loss Level: 90.95 Take Profit Level 1: 101.39 Take Profit Level 2: 106.61
SBUX W1 - The 4th wave is forming, which can lead to a continuation of the downward movement, but it is also clear that the price, after fixing the level, has formed a reversal pattern on D1, which can lead to a strong correction. D1 - Formation of a three-wave structure, you can try to consider buying from the level of 94.00. Locally to levels 101.76. If...
Here is one of my most explosive setups, the Pinbar. A bullish Pinbar on a HTF chart tells us that sellers tried pushing price lower but failed miserably due to a strong surge in buyers taking control and this is also confirmed by the CVol + The inverse head and shoulders on the LTF (5m). If you look at the 5m charts volume the last bar was much more noticeably...
Starbucks Corporation Long Enter: 95 Take Profit: 103.25 (8.62%) Stop Loss: 92.03 R:R Ratio: 2.7 Chart is bouncing of a strong weekly support zone
Long call for Starbucks after bouncing off critical support levels around $98. After moving up the past few days I am looking at $104.99 for the next target.
i expect this move for Starbucks in next month and before next earning call
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)
Longed SBUX Friday and sold as it absolutely ripped, and I don't like holding contracts over the weekend in this market. Earnings coming up if they beat, I think she rips. I think it's likely they beat as well. Depending on how it opens tomorrow it's near the top of my watchlist for a long. Looks like accumulation the past couple weeks. The max I would ride it...
Starbucks Corporation ( NASDAQ:SBUX ) Sector: Consumer Services (Restaurants) Market Capitalization: 96.703B Current Price: $87.11 Breakout price: $90.30 Buy Zone (Top/Bottom Range): $86.30-$81.55 Price Target: $106.60-$108.40 Estimated Duration to Target: 65-71d Contract of Interest: $SBUX 12/16/22 92.5c Trade price as of publish date: $3.50/contract
Quality stock, a real company with earning, cash, real problems, not too much problems, and a 46% of potential upside, confirming the end of the down trend with a symmetric triangle.
Starbucks Shortterm - We look to Buy at 76.22 (stop at 71.07) The trend of higher lows is located at 70.80. This is positive for sentiment and the uptrend has potential to return. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to buy dips. Although the anticipated move is corrective, it does offer...
Have You Ever Dropped a Starbucks Coffee? After you dropped your coffee, did the coffee cup pick itself back up? LOL! Well, I've identified a falling wedge pattern on SBUX daily and four hour charts. Perhaps it will pick itself up from the "drop". *This is not financial advice. If you like this trade idea, please share your favorite Starbucks drink...
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....
MACD, RSI, and Insilico levels all screaming bottom is in or near ON THE WEEKLY. 2024 leaps loaded at the lows yesterday.
Starbucks Corporation ( NASDAQ:SBUX ) Sector: Consumer Services (Restaurants) Market Capitalization: 137.229B Current Price: $116.97 Breakout price: $117.40 Buy Zone (Top/Bottom Range): $115.10-$109.10 Price Target: $126.30-$127.50 (1st), $129.20-$130.40 (2nd) Estimated Duration to Target: 108-112d (1st), 159-165d (2nd) Contract of Interest: $SBUX 3/18/22...
Technical Analysis Summary SBUX/USD TREND ANALYSIS We have 1 Downtrend in red color We have 1 uptrend in green color All yellow trends are trends from the past I added the just to show you why starbucks started moving down from the trend prespective. FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an...