Try not to spill your coffee with this news for Wednesday, April 7th.
We should see SBUX drop to a minimum of $112 a share.
Indicators:
MACD- Weakening bullish divergence
Signals:
Guth 3x confirm sell signal
D+ sell signal
Divergence:
High levels of bearish divergence and lowering bullish volume
Blue Arrow: Sell signal
Orange Arrow: Price attempted to hit $114 a share but failed and is floating high above the support level as indicated by the teal Kurutoga cloud.
Green horizontal line: If price reaches or falls below green line, big profits will be made.
Want to see your favorite stocks analyzed? Like and comment below and I will add your stock to my watchlist.
We should see SBUX drop to a minimum of $112 a share.
Indicators:
MACD- Weakening bullish divergence
Signals:
Guth 3x confirm sell signal
D+ sell signal
Divergence:
High levels of bearish divergence and lowering bullish volume
Blue Arrow: Sell signal
Orange Arrow: Price attempted to hit $114 a share but failed and is floating high above the support level as indicated by the teal Kurutoga cloud.
Green horizontal line: If price reaches or falls below green line, big profits will be made.
Want to see your favorite stocks analyzed? Like and comment below and I will add your stock to my watchlist.
Trade active:
Turned into a 3 day hold, did sell today a week prior to expiration. Took a 3% return.