Sorry for not posting the original buy. This is my price target short term for SBUX. The 24th is a dividend date and I will collect those as well. This stock is small movement but profits none the less.
As I noted in the above chart, closing below the 100 WMA again is a troubling sign for the bulls. I am watching the 52.50 level. If that level goes, the 200 WMA is up next at ~47.50. The last time Starbucks fell below the 200 WMA was in 2007. It fell another 70% bottoming out around $4. Granted, that period was an extreme event and the company is more mature and...
As I noted in the above chart, closing below the 100 WMA again is a troubling sign for the bulls. I am watching the 52.50 level. If that level goes, the 200 WMA is up next at ~47.50. The last time Starbucks fell below the 200 WMA was in 2007. It fell another 70% bottoming out around $4. Granted, that period was an extreme event and the company is more mature and...
Here we have a huge and a small bat pattern that would allows to go long if completed. The entry for the small pattern is at 51.83 and for the big one at 44.55.
Technically speaking A weekly close below the 52 level and the 100 WMA would likely put in play the 200 WMA currently around 44 as the next downside target. Strategy For longs-Buy here around 52.80 with a stop under 50ish. Targeting last years high print around 64. Below 50, more downside is likely.
Starbuck, breakout on a bull flag
Technically Speaking SBUX has run into a falling trendline, which is holding the topside for now. I do not typically short stocks, but for a technical short trader, these levels might be interesting. If I was shorting, I would key on $52.50. If that level breaks, 40-42.50 is a downside target.
$SBUX has finally reached a buying opportunity! The stock has successfully held last weeks breakout The RSI has crossed the longterm downtrend and is above the 50 mark MACD has crossed and held Volume was large last week, and continued into this week Continued earnings growth Order set for a limit purchase at $56. position size 100 shares ($5600) for more...
$SBUX may be coming back into play. With a better than expected quarter (in my opinion) and really putting the focus on Chinas growth, we may have a breakout. CMF is still in an uptrend since September MACD is looking like we may have a shallow cross RSI has ticked back up Support at the $52.50 mark was held and bounced. All these together make it go higher on...
$SBUX continues its slow decline through 2016. After an incredible run in 2015, this is to be expected. Although $SBUX is still maintaining its dominance in the coffee world, it is at the end of its massive growth cycle. I expect growth to be incremental in foreign countries and China to determine the course of the stock over the coming months/years. Until it sees...
Main signals: 1- strong monthly short trend, 2- local short trend 3- flag Sell the breakout of bottom flag's line 54.70-54.60 Stop-loss 56.30 (+1 tic flag's high price) Target 52.50 (sizing+strong supporting level)
$SBUX was a MASSIVE winner in 2015, doubling its stock price. Since November of last year the stock has taken a breather. $SBUX has been unable to sustain a breakout over its MA's. CMF seems to have bottomed out and is leveling off nicely. We will keep a close eye on this stock as the year closes out. I expect $SBUX to regain momentum early 2017. Short term =...
Reasons To Short: Upward Channel Breakout Can Lead To Trend To Follow Trend Is Down Moving Averages Compression Holding This Area For A Long Time Volume Is High This Pair Can Easily Form Gaps
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...
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...
I am long SBUX at the moment and expecting it to retest and subsequently exceed the 2013 highs imminently, especially after Starbucks posted earnings of 67 cents per share on $4.15 billion in revenue versus the expected 66 cents on earnings on $4.14 billion. The stock currently has an average rating of “Buy” and an average target price of $87.33 (Via the ticker...