Do not spill your coffee
Updated
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.