SBUB34 trade ideas
SBUX - Starbucks. Possible Short Setup.Possible short setup on SBUX, looking entry between 786-886 (highlighted in orange) or 1 line.
Don't forget to check the weekly Maxx Momentum to see if we have bearish divergence coupled with loss of momentum.
If SBUX breaks the white trend I have on the chart I believe that the targets levels I have are more likely to get tested.
Maxx <3
Q1 2019 Earnings Report: Starbucks (SBUX)Investors of Starbucks Corporation (SBUX) are a happy bunch with such a healthy uptrend ever since its IPO. We are due for the Q1 2019 Earnings Report this Friday (SGT). A good support level to be looking for a long trade $64 with an immediate target at $68. However, a price below $61.60 can see price retest the next support zone at $58.50 which coincide with the 200D MA.
Good luck in your trading journey!
Best Regards,
Nour Capital - Tracking Smart Money Flow
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Starbucks still up Fundamental ; Starbucks Corp rose by 4 percent globally during the Q4, exceeding forecast revenue of 2.8 percent, with China and US as its top markets.
$sbux two fake breakout, target 61 then 58 then 54If $sbux cannot please the street. it is a short to 58 54 and even lower
SBUX!broadeding wedge formation
if we break below my green trendline , im going short targeting a big drop
in case we breakout up will flip long !
interesting on short , also noticie bear divis !
SBUX BOLD CALL - COFFEE IS FUTUREstarbux attractive risk reward
secret sauce
sbux can explode to 90-as high as 106
$sbux faith is pendingIt is either going to 78+ or 38 in 2019. It is building a diamond top or consolidationi here...we shall find out in 6 months.
$SBUX may get a test of its breakout support around 58 again Idealy for long entry would be the test at breakout support around 58 again. Meanwhile I would sit on the sideline until the ER release.
12 Years of BearFlix- Expanding symmetrical into a Fifth-wave Truncception.
- Hence, simple Bull exhaustion, instead of a climax for this bubble to bleed out over the next 12 years.
Fundamentals:
Streaming services as a concept are great; however, Netflix itself has grown corrupted by the poisoned fruits of Cultural Marxism.
- First and foremost, the firing of Kevin Spacey
- Collaborating with far left, ''explanatory news'', media Vox.
- An utterly annoying progressive bias when it comes to comedians.
- Shows in Finish, German, Spanish, and Turkish without proper voice sync, all in the name of diversity.
- Supergirl?
- Choosing actors based on diversity rather than competence.
- Deplatforming of anything deemed patriarchal by 15-year-olds.
- Brainwashing those same (our) children with unscientific, ideology driven documentaries such as ''Explained'', and ''What the Health''
- Total content deprivation
- Zero profit orientation, stock prices will take care of that.. right?
- Remaking stories with cultural value, and deep meaning, to have neither.
- I want in on the Dip
SBUX: mid term bear market preparationThis stable movement should continue. Their sheer size should be able to sustain but I doubt growth will be possible, as the consumer will do less during times of tighter budgeting (again assuming 8 - 14 months of overall bearish movement) .
Stable above 42.07 as the lowest point I expect should / could test inside the next 10 months, below this point would be very bad for the chart and could stunt it's 5 - 10 year development without a catalyst.
I am more confident with this above 57.6
SBUX: Shift of Sentiment Pattern Leads Gap Up to PlatformSBUX has now confirmed the gap gains by holding well above the trading range highs. This provides very strong support for the stock to continue moving upward. This daily chart of the stock shows a Shift of Sentiment™ Pattern with the Accumulation/Distribution indicator. The shifting pattern begins with the common gap down by HFTs in June and then the VWAP automated selling by the smaller funds to the final low. Then, the stock moves in a typical Dark Pool Pattern out of the low. Pro traders and HFTs gap the stock up in November on earnings news. Another platform is developing now above that gap which establishes more support at this level.
The FUTURE High / Low price swing dates for SBUXJust for the record, I do not care for Starbucks. It StarSUCKS! Nevertheless,
I have make lots of garbage fiat cash trading it.
You should, too.
This is not trading advice? Or is it?
Starbucks; getting Luke warm at best...SBUX ; we enjoyed the long above 65.26 and anticipated heavy resistance into the 68 area... but with the market pulling back profit was taken on our calls and puts were loaded. Below 65.26 we have room to gap downwards. Careful bulls, we want 59.71 to prove itself on the pullback and below this point 57.6
