**Ticker:** SBUX
**Golden Setup Checklist:**
- Above key moving averages (8,21,50)
- TTM Squeezes on multiple timeframes (1h,2h,4h,D,2D,3D,W)
- No Earnings, Dividend Payout in the near future
- Catalyst: Earnings was not bad at all. Multiple analyst have buy ratings well above where the stock is trading right now.
**Ratings And Price Targets as of Nov 1st:**
-Cowen has an Outperform rating and a $125 target.
-Bank of America has a Buy rating and a $135 target.
-Wells Fargo has an Overweight rating and a $122 target.
-Wedbush has an Outperform rating and a $128 target.
- Rotation out of tech stocks could move SBUX in the next couple weeks.
- Daily bullish MACD cross
- Daily RSI curling up
BTO SBUX 12/17 115C @ 2.06
BTO SBUX 01/22 120C @ 1.80
**Golden Setup Checklist:**
- Above key moving averages (8,21,50)
- TTM Squeezes on multiple timeframes (1h,2h,4h,D,2D,3D,W)
- No Earnings, Dividend Payout in the near future
- Catalyst: Earnings was not bad at all. Multiple analyst have buy ratings well above where the stock is trading right now.
**Ratings And Price Targets as of Nov 1st:**
-Cowen has an Outperform rating and a $125 target.
-Bank of America has a Buy rating and a $135 target.
-Wells Fargo has an Overweight rating and a $122 target.
-Wedbush has an Outperform rating and a $128 target.
- Rotation out of tech stocks could move SBUX in the next couple weeks.
- Daily bullish MACD cross
- Daily RSI curling up
BTO SBUX 12/17 115C @ 2.06
BTO SBUX 01/22 120C @ 1.80
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Please drop a like & follow so you don't miss any analysis that I post! Greatly appreciate it! Thanks!
Come join our community!
Twitter: twitter.com/Ross_Trades
-Ross Trades
Come join our community!
Twitter: twitter.com/Ross_Trades
-Ross Trades
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.