Get started

Starbucks

Starbucks COVID 19 Analysis June 2020Still 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 spending on nonessential items. Still very interested to see what happens once 2nd quarter of this year closes and earnings are disclosed.
NASDAQ:SBUX
by Aizakku
2
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. Hit us with a like and a follow for more updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
NASDAQ:SBUX
by MannyLo
BULLS NEEDS SOME COFFEE TIME With the reopening news, SBUX has a great opportunity to recover from the coronavirus cliff fall. Support $70.6 and resistant $78.1 is a huge consolidating area and had been tested a few times. The current news more likely will push this stock towards the uptrend. RSI looks good (never overbought since the drop back in March) and the TTM squeeze is in the transition to the uptrend momentum. Confirmation is to break $79.9 and the target is $82 next week.
NASDAQ:SBUXLong
by ronskalit
Starbucks Battling its 200d Moving Average- Starbucks fell this quarter on a negative earning surprise - a business which was hit by the Coronavirus. - Technically it's recovered quite well from its lows and is set to battle its 200d MA. Its failed once already and is now bouncing off its warning line. - We would be buyers at the below demand zone around $66 - otherwise a breakout from its 200d MA would present an breakout buy point. We expect the stocks to falter at the above supply zone - but Starbucks is a great long term business and could be a great asset to add to your portfolio.
NASDAQ:SBUXLong
by Tuhi_Capital
Luckin Coffee - Hard time finding one in ChinaBeyond Technical Analysis I am back from my 2-week trip to China, where I spent time in Beijing (China's capital), Shanghai, and a few days in Hong Kong. My experience: Its presence is non-existent. In terms of how many stores, as well as the quality (size, location, etc.) I saw over there, I found Starbucks to be the most important coffee. Another coffee shop I found to be very attractive was named Costa Coffee. I also talked with people living in the main parts there, and no one seemed to know, or care about Luckin Coffee. I would be careful with what news we hear; since before the trip I was expecting to see a Luckin Coffee store in every corner.
LShort
by dorfmanmaster
Very "old" trend-line in Starbucks - **IT WORKS**Good morning traders, Starbucks NASDAQ:SBUX hit a very strong Trend-line. We connected two points that are several years away and it's really interesting because it really stopped the market! This analysis contains not only a description of the current situation but is also partly EDUCATIONAL. The video content is as follows: 1. Market Profile (PinBar) 2. Volume Profile 3. Value Area 4. Trend-lines 5. Gaps 6. Zone trading We combine these points to create the whole picture. In the future, we plan to set up an alert manager for this type of trades so we can share it faster. Have good trading, FINEIGHT team
NASDAQ:SBUXLong
by Fineight
Amazing Opportunity To Go Long Chinese $LK (Chinese Starbucks)I will keep this brief > Just wanted to give some bullets. I believe the Plunge has resulted in a major overreaction and the current 4-6 levels provide a great opp for longs. The risks of further downside have been mitigated by recent corporate action to right the ship. THE BAD NEWS IS BEHIND AND STOCK HAS PLUMMETED 85%+ IN RECENT DAYS 1. The 300 mil accounting flub doesn't equate to the 6 Billion that was wiped off it's valuation 2. It's very Bullish that a independent 3rd party will now verify all numbers going forward 3. The scandal hasn’t dampened Chinese customers’ love for the company and they continue to choose it 4-1 over starbucks 4. China's Coffee Craze is just starting , on average 1 cup per person per year vs in comparison U.S. is at 400 cups per year and countries in Europe like Norway and Sweden are above 1,000 cups per year China's coffee market therefore offers boundless potential. The coffee market is growing by 30% annually as the younger -mid demographic is choosing Coffee over Tea 5.Has over 4500 stores a larger footprint the Star bucks which has around 4000 qz.com
LLong
by InvisbleHand
5
STARBUCKS (SBUX) | Buy when there's blood in the streets IVHi, Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in three segments: Americas; International; and Channel Development. Its stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink beverages, and iced tea; and various food products, such as pastries, breakfast sandwiches, and lunch items. Starbucks, well-known coffee "producer", has started to approach a pretty significant support level. It consists of clean price action levels and in technical analysis clean = strong! Many big companies have found resistance in the first attempt to break above the psychological number of $100 and many of them has found a new support level around 60. Hopefully, Starbucks is not an exception, luckily we have really great support waiting for us which allows jumping into another potential wave upwards! "Buy when there's blood in the streets, even if the blood is your own." - technical analysis is perfect for that kind of market situation. Technical analysis gives you just a little bit more a sense of security: you had a plan, you have waited for some certain price levels, you have a long-term perspective about the company and you have done everything correctly to buy it - after that, your decision is on the hands of the market. Technical analysis criteria are pointed $55 - $65: 1) 2015 and 2017 resistance levels become support. 2) Clean trendline and the support level make up a crossing area, a good sign! 3) Fibonacci retracement 38% 4) Fibo Extension 200% 5) Monthly Exponential Moving Average 100 (EMA100) adding strength to the marked area. As said, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...skip it!! Good luck, Vaido
NASDAQ:SBUXLong
by VaidoVeek
SBUX - Gameplanafter a nice move yesterday following an upgrade by jpm SBUX looks good to attack the highs again background: stock trended higher for a year until august 19. since then price had a correction bottoming at around 80$. price created a nice round bottom and now breaking to the upside on good news and market momentum. game plan buying on a break above yesterday highs 88.9 adding if retest 88.7 stop at close below 83.8 or buying on support of 86.7 adding at 83.8 stop at close below 80.65 selling into resistance levels target at 96.75
NASDAQ:SBUXLong
by A_Swissa