Next week is literally hopping with potential earnings announcement plays. I've tried to pick out the ones that (1) have > 70% implied volatility rank; (2) offer greater than a 1.00 credit ($100) for the "classic" one standard deviation short strangle setup; (3) have fairly good liquidity with options prices; and (4) offer weeklies, but there are also a few...
After a long run up $SBUX is taking a breather. Still within the down trending channel. if this doesn't break the channel, Look for this to come back sooner than later.
This chart shows the FANG-NOSH stocks combined into one index. (FB,AMZN,NFLX,GOOG,NKE,ORLY,SBUX,HD) MACD is at unprecedented highs. These are the market leading stocks. Careful.
SBUX holds above weekly support line from Apr.2012 currently at 54.00. Same level is confirmed with dotted green line from Oct'14 low 35.38. The stock is likely to move within green expanding triangle, having support area 54-56 (perspective buying zone) and resistance from 68 (Dec'15) to 76 (Apr.16).
Shout out to @timwest for pointing this stock out, and his excellent analysis. This chart is offering good technical entries for smaller timeframes. This trade is currently pending. Reasons Strong overhead resistance Testing dynamic trend line support Declining RSI Declining bull volume Channel Trend Great R/R Warning: a stop-run could easily occur...
Starbucks MACD is primed for a rally. RSI indicator is sub-par but still cheap because the "rush rally" hasnt started yet. Support wedges and SMA's - along with some thorough fundamental analysis - says SBUX is going to take off in September. Suggestion: Be the early bird on SBUX
imo coffee is set for a rally it just need one more dip and sbux share should drop because of this
Another ascending triangle, entry above $52.50
SBUX is a beast. If you got in after earnings, keep riding this until its over.
I think that SBUX will hit resistance then head south then bounce off support line northward :)
You are looking at a WEEKLY chart of SBUX. Starbucks recently split the stock 2 for 1. The stock ran up into that split and is now digesting all that action. It has been lower for the last 3 weeks. But I expect SBUX will soon resume its trek higher. In late 2008 and early 2009, SBUX put it a Double Bottom. In early 2009, SBUX began going higher. It has...
3-31 New Highs On Negative RS Divergence? Thanks Anyway, I'll Pass Talk to me at a support level. A downside break of the green trend channel support with conviction spells trouble in the short term. Speaking of Negative RS Divergence, Notice what happened to the most recent highs that took place on Neg. RS divergence? Its didn't last long before the stock...
SBUX Starbucks is significantly strong fundamentally hitting all of our metrics. This is a great High Base pattern in the making which is technically bullish. However, if price action pulls back and the reward to risk ratio is good, I will play a bull pullback trade. This stock is a buy if it high bases and breaks out past the $89.75 level. Hope it...
SBUX expected to open at 86.89 for a Retest Gap. To learn to trade this strategy for free, go to www.RealLifeTrading.com