WE SHOULD NOW SEE A RUN TO 110 TO 113 OVER THE NEXT 7 TO 10 TD . WE ARE AT THE 50 SUPPORT AS WELL AS THE HIGH IN JAN 2020 I HAVE MOVED INTO JUNE 110 TODAY AT 3.95
Peppermint mochas out of season? oh well Starbucks released 5 new drinks to start off 2021! Now with earnings coming up we could see a nice rally. Sitting at the bottom of my channel here, could see a nice bounce near 101 and break of the recent downtrend line to retest ath, break over 107 I can see 110. Trading plan annotated in the chart!
Just broke out of weekly resistance. Last time this happened, it went 4x (where we are rn). If no lose high 80's prob gonna keep going. Green areas are targets. Timing? I have no idea but unless people stop drinking coffee, im pretty sure your grandkids gonna be glad you bought.
under 100 would invalidate this idea looking for a break above 103 and hold above that for an entry. Safe play: 105C for 1/15 has the best liquidity for otm contracts nothing for 1/8 is appealing to me Lotto/ day trade: 12/31 105C .13 (highest oi contract for otm weeklies) all weeklies for this have low volume
Not much data on this company because it has only been publically traded for 3 days but this company will be huge. They make disposable coffee pods that only take 35 days to decompose! This is a huge play compared to current plastic coffee pods. Betting on the sustainability!
$SBUX possibly looking to make new highs coming out of this ascending triangles.
This entry and SL is based on my technical analysis only. Do your research and trade on your own risk!
If we continue lower, $78 could be a short term target before strong buyers come in
Starbucks sitting at my support zone at 83 could see a drop down to 73 if we break below 79. theres a gap down at 79.15 that we could fill within these next few weeks or we could just keep pushing during winter. With winter coming up i see SBUX going up to 95 by December. SBUX has been bullish during the past winter seasons and we could see the same for this year....
I'll say that from a higher viewpoint I'm noticing that there's some nice potential profit margin underneath Starbuck's current price action. Besides the barrier at the low end of the curve, that $40 level looks promising IF there's a B.A.R. of the $50 price point, but I'm bullish once there's a B.A.R. of the $99. We shall see.. Also, if my analysis help YOU in...
Sbux, as you can see is still in a very bullish price action range. It has fell to a critical level in my opinion, it has to hold this range and move upwards, that would signify some good strength towards the next resistance and support zones. We could see a run up until earnings. This upcoming week will be critical to determine if the trend is changing.
As you all know, I regularly post pullback trade ideas as stocks pullback to their 21 day EMA. Today, I am looking at Starbucks NASDAQ:SBUX . What's different about this pullback is that Starbucks usually doesnt hang out at the 21 for more than a day or two. However, its been 4 days... so I wonder if the powers that be are on to us! ... just kidding. But in all...
07/17/2020 $SBUX Sentiment Algo uses 'advanced big data analytics'. This stock has potential for a significant increase in volatility . This is not a buy/sell signal
Still not convinced the growth isn't just a pullback to test again the $50 price or to even fall beyond $50. Now, $50 looks like a strong resistance zone. More like a reasonable price. Being not a essential commodity, there may be a stronger hit to the stock price if unemployment affects their clientele at a level in which they would have to further restrict their...