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.
If you haven`t bought the dip on SBUX: Then analyzing the options chain and the chart patterns of SBUX Starbucks Corporation prior to the earnings report this week, I would consider purchasing the 96usd strike price Calls with an expiration date of 2024-2-2, for a premium of approximately $1.55. If these options prove to be profitable prior to the earnings...
SBUX - Added a starter long here, Risk to reward seems better here. Stop Loss - 85 Target #1 - 100 Phsyc number Target #2 - 120 Target #3 - 130 , after a pullback to 110's
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
The Big 4 Earnings today - THE RESULT ✅Google ✅Microsoft ❌Starbucks ✅AMD See the chart for reported vs estimated and how the price finished up today ▫️ NASDAQ:MSFT a clear leader ▫️ NASDAQ:SBUX missed expectations on both fronts ▫️ NASDAQ:GOOGL & NASDAQ:AMD try to hold ATH
The 4 Big Earnings Releases For Today I will update these charts later with there reported earnings and revenue. You can see that NASDAQ:MSFT leads the pack with relative strength. Premarket Google and Microsoft are showing higher prices whilst Starbucks and AMD are showing lower premarket prices (see orange price bars) NASDAQ:GOOGL NASDAQ:AMD ...
Starbucks Corp. (SBUX) presently testing significant resistance, able to absorb weekly buying pressures. From here, (SBUX) can drop to channel support, eliciting losses of 15% - 20% over the following 2 - 3 months. Inversely, a weekly settlement above resistance would place (SBUX) into a buy signal where gains of 20% would be expected over the following 2 - 5 months.
Chart looks bearish with lower lows and lower highs. Once it goes below 80, high chance it could hit 50, may be by May 2024.
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...
The Starbucks Corporation (SBUX) has been declining aggressively since early May 2023 as fundamentals failed to keep the mid-2022 rally going. Now there are heavy technicals for the stock to consider as last month (chart on the right) it closed the 1M candle below the 1M MA50 (blue trend-line) for the first time in 11 months. On the weekly (chart on the left), it...
SBUX like many other stocks out there has multiple Head & Shoulders pattern. One H&S is mammoth the other smaller. It so happens that price is simultaneously breaking a recent up channel. A break here could possibly result in a significant price drop. It is better to be out of a trade wishing you were in rather than in a trade wishing you were out. Caution is...
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
If you haven`t sold the Exposure to China news: or reentered the past earnings: Then analyzing the options chain and the chart patterns of SBUX Starbucks Corporation prior to the earnings report this week, I would consider purchasing the 100usd strike price in the money Calls with an expiration date of 2023-9-15, for a premium of approximately $4.50. If these...
SBUX Premarket Falls and here we expect a downside momentum towards the support highlighted.
SBUX fell going into earnings in early May and continued down all of May then pivoting into a slow climb on this 2H chart through the lower anchored VWAP bands until the present where it is about to cross the mean VWAP lines as signaled by an engulfing green bar after a Doji. The dual time frame RSI lines have both near the 50 levels with the lower in green...
SBUX gave the perfect automatic re-entry after tagging the mid-point pivot and returning to our original entry. Following the rules and reloading would have already ensured you now have your full investment lots, risk free. With no downside other than a $0 gain potential it's a good chance SBUX goes for it's $118.74 target. Based on how it pivoted down straight...
Starbucks - 30d expiry - We look to Buy at 97.62 (stop at 94.94) The primary trend remains bullish. 97 continues to hold back the bears. Bespoke support is located at 97.50. 96.17 has been pivotal. Offers ample risk/reward to buy at the market. The daily chart technicals suggests further downside before the uptrend returns. Our profit targets will be...