SBUX trade ideas
Potential buy signal in SBUXA well defined risk bullish entry on Starbucks. Not the best risk/return profile, but in case you want to take a long position two clear targets are set.
Recommended trade:
Buy Price: $82.50
Upside
Take Profit 1: $88.00 (7% upside)
Upside
Take Profit 2: $100.00 (21% upside)
Risk
Stop Loss: $78.50 -5%
Sbux- The StratPosted right before entering. Here is the completed trade. Was maybe 10min total. Still running. Need to work on patience with the exits.
Check out Rob Smith on Twitter for more info on THE STRAT
Sbux- the StratHere's one I'm watching. Posting before I enter. What you need to watch out for is it's still an inside hr. Hopefully the 1-2 on the 15/30min triggers the 3-1 on the holy
sbux short CEO is a bullshiter price doesn't reflect reality . If you're long I think the Monthly chart will give you a better entry for the long term. My opinion always.
SBUX - Cup and HandleStarbux might see a small pull back in the trend channel to 77.53 and then rise further..
PT1 - 82.3
PT2 - 90.23
STOP 76
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.
Double bottom play on SBUXMissed the short retest of the neckline, but there is a chance of a longer retest if the general market retraces.
Starbucks - Room For GrowthStarbucks has recently announce its earnings and management are optimistic that Q3 / Q4 Earnings will improve further
as economies around the World start to open up. Also the lines has been trending on the a strong resistance point multiple times.
29 Jul Fed will be announcing with regards to the 1 Trillion funding which is dovish in sentiments (once you jump start your car, you can stop it half way if not its futile!)
Also, most economies would not be able to afford a 2nd lockdown. Management also have changes concepts of accommodating to selling
their products and change of work hour timings to accommodate growth. Long Position for the the following.
Long Target Price 30 Oct - $114 - 18+% upside
Low Target Price 30 Oct - $67 - 9% downside
What Do You Think? Feel free to comment and debate!
Starbucks long after earningsNow that earnings beat expectations, Starbucks has shown a turn toward recovery. It could be a long time before new highs are made, but here's a projection for modest gains over the next 7 months.
$SBUX Starbucks Spikes Post Earnings
Potential trade on break above 200ma and Downtrend resistance.
Earnings reaction very positive and may bring some investors
back into the stock tomorrow.
Potential targets as per Resistance levels on chart
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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.
