Bearish triangle patternLooking for a downward breakout from triangle to retest support. I'm already short this.. not trading or Financial adviceShortby moneyflow_traderPublished 440
Will it pierce through the $90 mark for SBUX?We can see from the chart that around 90 dollars is a major resistance level where the price action fails to go below substantially (hovering at 84 dollars) but fail to break above the 92 dollars........ With inflation soaring higher in food, transportation, gas, etc , are people still drinking their coffee at Starbucks as frequently as before ? Or will they cut down? Some argued that drinking coffee is addictive and once the customer base is there, they will not go away.........Others said that competitors are fighting for the share of coffee market with the 3-in-1 instant coffee which is much, much cheaper compared to a cup of latte in Starbucks. But, city dwellers - will they have the time and luxury or they prefer the convenience of their latte from Starbucks ? What do you think ? Longby dchua1969Updated 114
SBUX BULLISHAfter earnings selloff thinking of buying Sbux further technical bullishby AynurNurUpdated 5
Starbucks swinging upStrong current numbers brought the share price on november 2nd a good pump of about 15%, where the value bounced off an initial resistance. This trend line was tested repeatedly until the end of the last trading week. As a result, it is possible that in a good environment this trend will be broken next week and the next resistance will be tested at around $105.49. However, I assume that there will initially be a small pullback maybe towards the 200SMA (maybe less), as the markets did very well last week. After this test, I speculate on a retest of the $105.49 level. If successful, the next resistance area would be around $109 - $110 in my opinion.by GidiTraderPublished 3
SBUX testing significant resistanceStarbucks Corp. (SBUX) presently testing significant resistance, able to absorb weekly buying pressures. From here, (SBUX) can drop to channel support, eliciting losses of 15% - 20% over the following 2 - 3 months. Inversely, a weekly settlement above resistance would place (SBUX) into a buy signal where gains of 20% would be expected over the following 2 - 5 months.by SpecialeAnalysisPublished 0
Starbucks reported its 2023 results. What next?Starbucks Corp. delivered a solid financial 2023 report. Revenue for Q4 of the 2023 fiscal year reached 9.4 billion USD, with a relative increase of 11%. Net profit per share for the same period increased by 39% to 1.06 USD. The company's management plans to maintain sales growth rates above 10% and net profit above 15%. Therefore, today, we focus on the Starbucks Corp. (NASDAQ: SBUX) stock chart. On the D1 timeframe, support has formed at 90.55, with resistance at 93.71, which was breached on Thursday, 2 November. Also, yesterday, a "descending wedge" pattern was breached, indicating a possible change in the trend to an upward one. On the H1 timeframe, if there is a rebound from the 103.57 level, a new upward trend may begin, with a short-term target set at 107.38. In the medium term, the target for a price increase could hover around 110.84. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarketsPublished 5
SBUX - Measured move on earningsExcellent gap up on earnings for $NASDAQ:SBUX. The move reclaims the 200SMA and price action has filled the expected range when taking a measure from prior swing low through the gap. Now lets see what kind of momentum can follow through.by Ben_1148x2Published 1
Counting downtrend cycle complete at starbuckStarbucks has come to strong support for buying ...In my view, the market will start an uptrend back...This is not buy call,just sharing idea Longby FaridHamidUpdated 12124
'' Starbucks Is Going To Have Its Q4 Earnings Report Soon.''Hi its lubosi stocks. and am here to talk to you about Starbucks. NASDAQ:SBUX Starbucks is in a bear market. Look at the chart above. Starbucks is going to have its Q4 Earnings report soon. Honestly, I don't know why it's in a bear market. But this stock flashed on the proprietary trading system am using. Will you sell it? Disclaimer:Do not buy or sell anything i recommend do your own research before you trade. Rocket boost this content to learn more.Shortby lubosiPublished 3
Starbucks Could Be StrugglingStarbucks has drifted lower since May, and now traders may see further downside risk. The first patterns on today's chart are the candlesticks on October 19 and October 25. SBUX tried to get above $95 but failed to close there in two separate weeks. Such price action could reflect selling pressure. Next, the coffee chain stalled at a low from July 7. Has old support become new resistance? There’s also potential confluence with the 50-day simple moving average (SMA). Speaking of the 50-day SMA, it had a “death cross” under the 200-day SMA in July. That could indicate a bearish trend over the longer term. This chart includes our 2 MA Ratio custom script in the middle study. It shows that the 8-day exponential moving average (EMA) crossed below the 21-day EMA on Friday. That could suggest the short-term trend is turning bearish as well. The most recent sessions also featured a potential bearish flag breakdown. Finally, stochastics are dipping from an overbought condition. Traders could focus on these signals with earnings due on Thursday, November 2. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStationPublished 1113
SBUX - D1\W1SBUX W1 - The 4th wave is forming, which can lead to a continuation of the downward movement, but it is also clear that the price, after fixing the level, has formed a reversal pattern on D1, which can lead to a strong correction. D1 - Formation of a three-wave structure, you can try to consider buying from the level of 94.00. Locally to levels 101.76. If the price can gain a foothold at the level of 94.95, we can expect the movement to continue. What can you expect? You can consider entering from the level of 94.00 (you can consider breaking through the level or fixing the price behind this level) with further movement to the target 101.76. Cancel the idea so as not to take increased risk from the level of 90.74 . There may also be a false breakout of this level and continuation of the upward movement - in this case, it will be necessary to wait for a clear formation to continue the downward movement. Targets 94.95 - 96.99 - 98.83 - 101.76Longby Trade_Hive_SignalsPublished 7
Expansion Efforts Aid Starbucks (SBUX)Starbucks Corporation SBUX is capitalizing on its expansion initiatives and strong North America comparable sales. Nevertheless, disappointing Channel Development sales and rising inflationary costs are challenges. Over the past year, the stock has risen by 6.1% compared with the industry's 8% growth. The Zacks Rank #3 (Hold) company’s earnings and sales in fiscal 2023 are likely to witness jumps of 16.9% and 11.1% year over year, respectively. SBUX also has an impressive long-term earnings growth rate of 16.5%.Longby DEXWireNewsPublished 2
STARBUCKS It isn't time for coffee yet..The Starbucks Corporation (SBUX) has been declining aggressively since early May 2023 as fundamentals failed to keep the mid-2022 rally going. Now there are heavy technicals for the stock to consider as last month (chart on the right) it closed the 1M candle below the 1M MA50 (blue trend-line) for the first time in 11 months. On the weekly (chart on the left), it is already below both the 1W MA200 (orange trend-line) and 1W MA50 (blue trend-line). The long term pattern since the March 2020 COVID crash is a Triangle and the current Support is its Higher Lows trend-line. The 1W RSI also has a Higher Lows trend-line to consider, so we will wait for a test and clear rebound on the former. On the 1M time-frame, it's the 1M MA100 (green trend-line) that was touched during the previous two Higher Lows and provided a strong rebound and bullish reversal as it rose and left a big candle wick behind, emphatically indicating the presence of long-term investors. Similarly the 1M RSI has a Support Zone to consider. We think it is possible for both the 1W and 1M RSI to touch its respective Support levels sideways as the price's drop decelerates near the Higher Lows. In conclusion our Buy Zone is within the Higher Lows trend-line and the 1M MA100. The target will be the Lower Highs trend-line at $105.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShotPublished 1112
$SBUX: Cold Cup at 95SBUX has seen a sharp break of 95 and may be forming a kind of titled head and shoulders formation with an XLY that might be rolling over. Good luck tradersShortby Fox_TechnicalsUpdated 1
SBUX PINBARHere is one of my most explosive setups, the Pinbar. A bullish Pinbar on a HTF chart tells us that sellers tried pushing price lower but failed miserably due to a strong surge in buyers taking control and this is also confirmed by the CVol + The inverse head and shoulders on the LTF (5m). If you look at the 5m charts volume the last bar was much more noticeably larger than every proceeding volume bar which can be an indication to investors outlook on the next trading day.Longby CJITMPublished 2
SBUX looks ready to dumpSBUX doesn't look good for bulls. We see a head and shoulders pattern, but frankly speaking, SBUX looks so bearish now that entering short now may be not a bad idea. However , in order to take a short position based on the confirmation, it's better to wait for a neckline (support) breakdown. 2 targets are shown on the chart. Stop loss: 106$Shortby vf_investmentUpdated 889
H&S forming on $SBUXLike many other stocks a H&S in forming here as well. If completed (still need to break the neckline) the price target is compatible with the May '22 lows. This could be a good opportunity for dollar-cost-averaging at the various horizontal sub-levels if you are looking for an entry Shortby frapellosoPublished 2
☕ Get a coffee and watch the charts- Price confirms 200 MA (red) - Seasonality in Starbucks is starting now - Retraced already over 38 % from the last high in April So if the FED doesn't send the markets in the basement with their decision I stay bullish in Starbucks....Longby p4917Published 3
Pumpkin Spice time!Analysis of Starbucks price action when Pumpkin Spice season kicks off. There is always a rise in price during this time.....Longby ReyS002Published 1
Starbucks always jumps when it's time for Pumpkin SpiceAnalysis is Starbucks price action during Pumpkin Spice season for 2022. Longby ReyS002Published 110
SBUX Entry, Volume, Target, StopEntry: with price below 93.91 Volume: with volume greater than 7.825M Target: 88.98 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 93.70, 96.06 gets you 2/1 Reward to Risk Ratio. This SHORT swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.Shortby tradepatientlyUpdated 0
Assessment of Starbucks' (SBUX:NASDAQ) Stock PerformanceAssessment of Starbucks' Stock Performance Since Q3 Earnings Release Since its Q3 earnings release on August 1, Starbucks' stock has exhibited a sideways trading pattern, experiencing a modest decrease of 2.7%. This movement prompts a closer examination of the company's value proposition in light of the current market conditions. Undervaluation of Starbucks' Strong Value Proposition Amid Uncertainty Amid the prevailing atmosphere of uncertainty in the market, it appears that Starbucks' robust value proposition might be undervalued. The company's established brand, widespread global presence, and resilience even in challenging times could potentially position it as a more attractive investment opportunity than its current market perception suggests. Consideration for Conservative Investors with a 1-Year Horizon For investors with a conservative stance and a horizon of one year, Starbucks (SBUX) emerges as a promising investment option when compared to a 5% Treasury bill. While the stock has experienced a minor downturn, its potential for recovery and growth over a 12-month period offers a potential upside that could outweigh the conservative returns of a Treasury bill. Starbucks as a Secure Cash Position for Growth-Oriented Investors Growth-oriented investors seeking a secure haven for their funds have the opportunity to consider Starbucks as an excellent cash position. With the potential for a notable 10-20% upside, Starbucks could serve as a strategic location to allocate funds, allowing investors to benefit from both the safety of a stable investment and the prospect of substantial growth. Win-Win Potential for Various Investor Profiles In summation, Starbucks' stock performance and value proposition present a win-win scenario for investors across various profiles. Conservative investors can potentially experience superior returns compared to traditional low-risk options, while growth-oriented investors can find a safe harbour that aligns with their quest for higher returns. This positioning within the market indicates the potential for Starbucks to deliver favourable outcomes for a diverse range of investors. This content is provided for general information purposes only and is not to be taken as investment advice nor as a recommendation for any security, investment strategy or investment account.Longby CapitalMarketsEliteGroupPublished 113
Long entryRun it up, we're having macd and dmi bullish crossovers. lets go use a stoploss please. thanksLongby The_GainsPublished 1