Is Starbucks Shooting For The Moon? Starbucks had a good quarter in Q2 despite widespread shutdowns in its second-largest market, China. The company reported $8.15 billion in net revenue for a gain of 8.7% over last year which beat the consensus by $0.02 billion. The beat is slim but compounded by strength in the largest market, the U.S., and new store openings. On a comp basis, the global comp is up 3% on a 6% increase in ticket average offset by a 3% decline in tickets. In North America, sales rose 9% on an 8% increase in check average and 1% increase in volume while International sales fell 18% on a 44% decline in China. Ex-China, International sales rose by double-digits, driven by new stores and deeper penetration of emerging coffee markets.
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POWW - Breakout. Uptrend confirmed. Key Levels:
Key Level of 5
- If key level can hold support i'm looking for next resistance targets at 5.5 then 6
- If key level cannot hold support my next bounce area is the daily 200ema at 4.9
- Stock breakout out of major resistance at 5 today.
- Look for more upside into resistance then a possible short scalp or short swing to retest 5.
- If we get a retest of 5 tomorrow we can bounce nice if market conditions are favorable.
Roblox stock price and forecast 2022The stock has been dumped since last January 2022, losing almost 85% of its value. Per supply and demand stock analysis, we expect Roblox’s stock price to reach the supply imbalance of around $103 per share, where we should realise profits if we purchase shares of the stock. There is a medium-term bias with a lot of margin for profit on Roblox stock, with a potential rise of more than 100% in the following months. The supply and demand stock technical analysis attached does not say that Roblox will rally to the strong imbalance overhead without first pulling back. Stocks do not move in straight lines; be patient!
XELA Exela Technologies Upside PotentialI know my last call on XELA was bad and i was expecting a breakout when they "surprised" us with a reverse stock split.
But now it look different!
Rising volume on price going lower, so a bullish divergence at all time low.
52 Week Range $1.35 - $70.80
My price target is the $8.50 resistance.
Looking forward to read your opinion about it.
XELA Exela 7X Volume Pattern similar to MULN MullenExela Technologies XELA has the same volume pattern that Mullen Automotive MULN had before the 7.86X breakout:
In my opinion XELA is a speculative stock that has a huge upside potential!
Looking forward to read your opinion about it!
Double bottom volume and Fibonacci retracement WIPRO is down extensively in IT stocks but here is something good that we can play some reversal in it formation of double bottom like of pattern can lead to a full swing of w formation but as of know we can trade it for target of 440 but volume stays in it we can wait till 550 levels.
chineses reopening MacauWell. if you are following the news, China is reopening, the demand of microchips has been like in 2018 and more, Macau is reopening and Alibaba is selling like crazy. Technically you can find a huge symmetrical triangle like in bitcoin and other stocks, that could take it at least 40% from here.
XELA ready for the next GME and AMC ?!?!?!Exela Technologies XELA $927 Million volume today reminded me of AMC Entertainment AMC and GameStop GME before they went parabolic!
XELA has a Market capitalization of only 58.56 Million, while their earnings last year were $1.17 Billion.
Exela Technologies is a business process automation corporation that provides industry-specific and multi-industry enterprise software and solutions to more than 4,000 customers spread across 50 countries and employs more than 17,500 employees across 23 countries.
52 Week Range $0.092 - $3.54.
now: $0.132
$927,439,905 Volume Today!
My price targets are $0.415 and $0.73 to be conservative.
It can also be a buyout for a big tech company that wants those international clients.
I think XELA is the next GME or AMC.
Looking forward to read your opinion about it.
Invitae Corporation (NVTA) technical reboundAfter that falling wedge, it seems like the price has bottomed.
I`m looking for a technical rebound to $4.50 on Invitae Corporation (NVTA).
Looking forward to read your opinion about it.
BRQS can easily double from here!Borqs’ Subsidiary Holu Hou was Energy Featured in a New York Times article today.
Holu Hou Energy has signed $49.8 million of Contracts in Q2 2022 in the State of Hawaii and are on track to sign onto over $140 million of contracts this year surpassing their previous forecast of $128 million.
Borqs Technologies has also Purchased 5G License with Qualcomm.
52 Week Range 1.60 - 17.28.
Market Cap of only 29Mil.
My price targets are $4.60 and $6.65.
Looking forward to read your opinion about it.
Good fundamentals + Breakout ✨Hey Guys, Yurii Domaranskyi here.
Risk vs Reward = 1 to 10.59 ✨
It means if you risk here 1000$ you may make 10590$ Not bad, huh?
$ELY Bullish Chart Opened Bull Risk Reversals on ELY , chart looks bullish in my opinion. I sold the $20 put and bought the $30 call JAN opex
MACD cross, RSI curl, EMA curl , back above the 22 resistance/support line with good buy volume.
I like the R/R here on the long side, another idea would be to open bullish put credit spreads or go long naked calls. Give it some time I don' t expect a straight line up, great long term common share add too IMO with Top Golf printing money for ELY as they expand locations.
$26.5 first PT
Weekly stock pick #2 #SHLX My 2nd stock pick for the week. I like the macro fundamentals long-term and he TA set up here to buy and hold for awhile.
Please follow and like and ill start doing these weekly. Whenever I take a position.