Starbucks (NASDAQ: $SBUX) Is A Hot Bounce Opportunity! ☕Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. The company offers its products under the Starbucks, Teavana, Seattle's Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brands. As of October 3, 2021, it operated 16,826 company-operated and licensed stores in North America; and 17,007 company-operated and licensed stores internationally. The company was founded in 1971 and is based in Seattle, Washington.
SBUX trade ideas
SBUX Analysis (short term)SBUX is forming a rounding bottom on the daily chart.
Despite the missing earnings reports and higher costs weighing on profits, there was strong buying volume yesterday, thus I would like to see SBUX break above the 99.2 area, then the 100 area. If it does, there is a liquidity gap on the daily to fill to at least 104.
If instead, SBUX starts forming a bear flag pattern, I would like to see it break below 93.9 level, and we will see it go to 92.66, then a small gap to fill to 91.1. If it does break that, there is more room for SBUX to fall to 89.2 then 87.3.
Head and Shoulders/Triple TopOne ugly top was not good enough, so SBUX decided to make another one )o: A triple top is not always a head and shoulders, but a head and shoulders is a type of triple top. Does not matter at this point.
Missing earnings does not help a bad top, at all! I have always figured their China exposure was not a positive factor. But China exposure has helped bring this down in to an affordable range.
Short interest in under 1% so I am thinking this will find a trading range, or a bottom soon.
I try to remember a security can seem dirt cheap, but even dirt can get cheaper )o:
No recommendation.
Sometimes your best investments are the ones you do not make.
Starbucks (NASDAQ: $SBUX) Looks Like Great Value Play! ☕Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. The company offers its products under the Starbucks, Teavana, Seattle's Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brands. As of October 3, 2021, it operated 16,826 company-operated and licensed stores in North America; and 17,007 company-operated and licensed stores internationally. The company was founded in 1971 and is based in Seattle, Washington.
StarBucks!! COFFEE We'll see if price holds at the current level/top of the purple area. I really the price levels I have marked in purple. Interesting levels with previous resistance and support.
There is also a nice gap that could fill @ $89.38/bottom of the pruple area. If the trend breaks the current price next week, I guaranntee that gap fills. We may even continue towards the 200MA.
I personally hope SBUX continues to fall closer towards the 200MS to get some better value for swing/longer hold and collect the dividends along the way.
Thanks,
ENJOY!
Starbucks! More bucks. SBUXYup. Upgoing zigzag with increasing momentum. Looking for End of C.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
$NEW POSITION $SBUX Target 116.62 for 15.66%$NEW POSITION $SBUX Target 116.62 for 15.66%
Or next add at 94.92
Why did I go long? Because three months ago when I was I said I would once it hit 101… I think that was part of the “Finding Better entries” tutorial I made.
And even with my overall bearish sentiment I think this is a good place to start a position.
So I’m in at 100.82
Next double position target 94.92, and the other double levels are labeled…
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled (most of the time)
(Support=Green, Resistance=Red, Trendlines=Blue) Fib will be labeled if any and their colors will vary.)
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
$URA Target 22.49 for 13.59%
I don’t have a position here yet but I’m just looking what to get into next week… Feeling bullish on URA - and I’d love to see it get above the 50MA and then I’m in…
BOOM $MARA TARGET HIT 31.42% in in 29 days
Good Game
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WATCHING $LCID - Key Levels & Analysis - REQUESTED - I hold no position
I really do like LCID - I think
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Red = Resistance
Green = Support
Blue = trend lines
180 EMA = Purple
If you’re accumulating I suggest only adding to your position at known support levels.
I am not your financial advisor. Anything can happen… I’m just posting what I see… but the risk is on you if you decide to trade the setup with me.
I certainly don’t win them all so be mindful of your position sizes and do your due diligence. I’m happy to answer questions to the best of my ability.
Sold early at 32.76 — for a small profit.
Target was 38.24
Honestly, I don’t remember taking this position (maybe it was a merger?) but my position here was big enough to where I wanted to free up the capital… so I sold early. I’m keeping the target marked… but I’m out for now.
I would consider starting a position @ 31.60
Target HIT in 86 days for 20.33% Good Game
SBUX 12/29/2021SBUX
Daily chart analysis
We are currently still in a long-term uptrend respecting the 200ema.
Price was in an Uptrend channel between April 2020 – August 2021. Price broke out of the channel and went into what looks like a correction channel that is has been respecting end of August 2021 – December 2021. Price had a false breakout early December to only fall back into the correction channel. Price rejected 200ema and followed to breakout of correction channel for a second time. The bounce from the 200 ema shows strength bulls are looking to break upwards and start new uptrend channel.
With this breakout, price is looking to confirm a “Measured Move up”.
Entry: Current price
Stop: trailing 50ema.
SBUX 11/13/2022Daily chart analysis
SBUX. After a sharp move down, Price is currently overextended from it moving averages.
Stochastic is in oversold status
Inverted hammer yesterday at support area and today it looks like we will be finishing as a doji. This is my entry signal. Will look at smaller time frame for entry
Looking to take swing trade to 116
15 min Chart analysis
Price is in descending wedge and has found support at 103.75.
While price has been going down in wedge, MACD has been moving upwards. There is a bullish divergence between price and MACD.
Will enter trade long.
Entry: 104.30
Stop loss: 103
Target: 116
Relevant level on StarbucksToday, we will share the current situation we observe on SBUX. Let's start:
After making a new ATH from December 2020, we observed a continuation of that bullish movement until July 2021. From there, the price has been correcting. Currently, it's on a 17.82% decline (175 days)
The shape of the correction can be categorized into a flag pattern here; you can see a template on what I mean by this.
Based on this, you can see that when we cloned the main descending trendline on the lower zone of the structure, we can create a level to pay attention to. That level converges with the previous resistance zone on the top of Jul 2019 then mutate to work as a support level.
Alright, the conclusion here is: the zone between 98.00 and 100.00 may be a relevant bouncing level. This may be useful for short-term traders, scalpers, etc... As my main style is swing trading, this is not a situation where I can start developing setups; however, it's a place worth paying attention to from a technical perspective.
IN case the price breaks that level without problem, we should start looking for other zones below that may become supports (for example, 94.00)
Thanks for reading!
$SBUX Almost at target 101$SBUX Almost at target 101
Thinking about starting a small position at 101 and simultaneously selling some puts at some of the lower targets… If it gets into the red zone I’ll definitely be doing something…
What are y'all's thoughts??
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
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$SBUX Target 101.16$SBUX Target 101.16
So this target hasn’t changed… still 101.
I currently am selling at both target 1 & 2, and if we get a good sell off I’ll be looking to target 3 as well… (75/June expiry)
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
1/2/22 SBUXStarbucks Corporation ( NASDAQ:SBUX )
Sector: Consumer Services (Restaurants)
Market Capitalization: 137.229B
Current Price: $116.97
Breakout price: $117.40
Buy Zone (Top/Bottom Range): $115.10-$109.10
Price Target: $126.30-$127.50 (1st), $129.20-$130.40 (2nd)
Estimated Duration to Target: 108-112d (1st), 159-165d (2nd)
Contract of Interest: $SBUX 3/18/22 125c, $SBUX 5/20/22 125c
Trade price as of publish date: $1.98/contract, $3.65/contract
Stagflation SBUX Starbucks is and will continue to suffer amid economic and employment issues. Several of their locations are observing reduced hours, and the ones who are not are seeing less traffic. This is a result of their customers tightening their budget. Starbucks usually has a good holiday presence but this year these factors have shown weakness. After testing 117 twice now, we seem to be testing it again. Expect action upward into the new year, though short levels of (I)114 and (II)108 are present.