Here is one of my most explosive setups, the Pinbar. A bullish Pinbar on a HTF chart tells us that sellers tried pushing price lower but failed miserably due to a strong surge in buyers taking control and this is also confirmed by the CVol + The inverse head and shoulders on the LTF (5m). If you look at the 5m charts volume the last bar was much more noticeably...
SBUX appears to be in a repeating downtrend from Summer 2021 to Spring 2022. It would be ideal to utilize AI to predict how low SBUX will retrace. However, for the purpose of technical analysis (TA) and trend observation, I'm sharing indicators such as RSI, MACD, and AO, which suggest a high possibility of SBUX repeating the downtrend. Over the next three months...
SBUX daily evening star reversal in between weekly moving averages
It has to be said that Starbucks doesn't look good at all in the monthly timeframe. If the formation works, it will be possible to see the level of 63 dollars in the summer months. Approaching or crossing the $120 level means formation cancellation.
There is a head & shoulder on the 1M chart it may take some time to play out but lets see whats to come in 2023
SBUX weekly entry after 2 bearish hammers possibly wave 3 wave C be careful with earnings
Longed SBUX Friday and sold as it absolutely ripped, and I don't like holding contracts over the weekend in this market. Earnings coming up if they beat, I think she rips. I think it's likely they beat as well. Depending on how it opens tomorrow it's near the top of my watchlist for a long. Looks like accumulation the past couple weeks. The max I would ride it...
Hello, SBUX I think it will start with E Wave targeting $75 and more to $55, Also there bearish flag pattern,
After touching our price target here: Starbucks Corporation (SBUX) is in line with earnings expectations: Revenue: $7.6 billion vs $7.62 billion expected Adj. EPS: $0.59 vs $0.60 expected U.S. same-store sales: 12.00% vs 8.90% expected International same-store sales: -8.00% vs 1.87% expected The China threat to SBUX is not over yet in my opinion, the U.S....
China represents 45%-55% of Starbucks’ international sales and 10%-13% of aggregate sales! The U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia! This is a move that could have huge impact on American companies. My price target for SBUX is $72. Looking forward to read your opinion about this.
Technical Analysis Summary SBUX/USD TREND ANALYSIS We have 1 Downtrend in red color We have 1 uptrend in green color All yellow trends are trends from the past I added the just to show you why starbucks started moving down from the trend prespective. FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an...
SBUX looks bearish using Aspen Trading S/R Levels. It has broken the support at 113 and could move down to 111. Please like, share and follow if you agree with the analysis. Note - Aspen Trading S/R levels are invite only and can be accessed through my profile.
SBUX 2HR TF ----------------- ANALYSIS Coffee is in high demand, but SBUX is facing inventory shortages (cups, syrups, oat milk) as it continues to reopen locations world-wide. SBUX is already making amends as the company is resuming it's reusable cup program and dropping its summer 2021 drink line up.... This past week SBUX showed some strength to reverse...
☕ 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
SBUX 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 is approaching reistance, we will see if it breaks it on Monday!
Good day all, As I posted earlier there has been a nice Elliott pattern forming with the last leg developing. Further to this, a triangle pattern has emerged and has broken out with a gap downwards on daily. Generally speaking, the target distance is the widest part of the triangle which lands just around the $40 mark. Further confirmation to this is the...
AS THE MARKET BEGINS TO TURN, A PROPER RETRACE OF PRICE IS ACHIEVED AT THE 50% FIB LEVEL. A, B ,C FORMED AND CURRENT NEW ELLIOT 5 WAVE ABOUT TO FORM WITH TARGET AT 38.2% EXTENSION OR FURTHER. GREAT RETRACE TO FIB LEVEL 50% LAST WEEK FOR AN EXCELLENT BULL TRAP. THIS IS FURTHER COUPLED WITH USA LOCKDOWN WHICH ACCOUNT FOR 65% OF THEIR STORES. DEBATABLE IF ANY FLOW...