SBUX WAVE 4 MINOR ENDING NOW TARGET 110 I AM BOING LONG A 33% NET LONG ONLY IN SBUX BEST TRADES GREAT AND SAFE WEEKEND WAVETIMER
SBUX
Starbux, everyone's favorite bean juice/drugJust 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.
SBUX to 110under 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
SBUX Looks like a near-term top here back down to $100Not advice, just my opinion. Back down to $100 to the 8day MA. SBUX
NASDAQ:SBUX
SBUX 9/29 Candle Stick Prediction Here is my daily candle stick prediction for SBUX. I will continue this segment as long as I am following SBUX and actively trading.
This is a prediction and not a guarantee. Please check out my SBUX to $88 before earnings technical analysis. A fundamental analysis is in the works! If you are watching Starbucks then follow this account as I will be actively updating my technical analysis and fundamental analysis. Stay tuned!
Starbucks pull back before completing trend channel?Starbucks could be heading to the top of the channel but the speed/momentum at which it is doing so looks like due for a correction. Currently the price point looks to be at 1.618 of wave 1 which is an ideal resistance point for some correction. But, if it were to continue its momentum which is likely then the purple box is the next target point which is both a fib resistance and 2.0 fib extension. I think that SBUX will continue up to the purple box before any correction.
RSI: is overbought on the higher daily & 4hr time frames
EMA's: SBUX has gone pure vertical leaving all EMA's in the dust as well as bollinger-bands. These combined with the RSI lead me to believe there is a correction in store before the next run up.
News: There is no substantial news that I could find that would explain the crazy momentum.
Follow the $: overall the options trading volume is substantially in the bullish direction. looking at the charts this makes sense.the september 18th call expirations look to have almost 7x more capital in them than the puts.
Plays: I would look into $85 or $87 puts if the underlying continues with this momentum to purple box to play the correction. overall I am bullish on starbucks and will be following charts for long term bullish moves. Thanks!
☕ SBUX (8/31) - (9/11) ☕ Options☕ SBUX ☕
SBUX had a nice bull run last week topping out around @85.30
Holding above @83.50 and SBUX will have a high chance to break last's week's high. Above @85.65 and we'll find @87-88
On the downside, failing to break @85.30 and we'll most likely pullback to @82.50's, @79.50's, then rock solid support @77.15
Starbucks (SBUX) - Hangs Around 21 EMAAs 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 seriousness, I like this chart. I think that it really shows that support at the 21 EMA is being tested hard and should SBUX close the day out above the 21 EMA or even the 8 EMA on the daily chart (putting it in the Green), then I think next week we could see SBUX go even higher.
SBUX - STARBUCKS07/17/2020 $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
SBUX WAITING TO OPEN SHORT , TARGET $60SBUX waiting to open Short if falling to $70 will successfully confirm the "SHS" down pattern.
SBUX sell : $70
SBUX target : $61 +-1
Stop loss : $75.60
Wish you good deals !
SBUX Head & Shoulder ReversalNice looking head and shoulder top on NASDAQ:SBUX pattern has a price target just below $62 but there is enough support around that level to make it a good target on the downside. Notice how both shoulders are forming below the 200 day moving average adding to the bearish chart pattern.
SBUX Trend AnalysisPossible Resi 87
Possible Supp 82.35
If I make new trade;
ep1 85 (now)
ep2 83
ep3 80 (Double of ep1+ ep2)
StopLoss below 78
SBUX - Starbucks Analysis Just a quick TA on this one, short, sweet and to the point.
SBUX showed a noice bounce from it's current lows. Price is currently above the Red Point of control line, but was stopped cold at the 200MA. If you're looking to make a move on this one, we would wait for a break either above the 200MA, or a dip below the red point of control line.
An upward break above the 200MA and the first stop we're looking at is the $87 range.
A downward break below the red Point of control line and we would be looking for the first level of support around the $74 range.
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