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 trade ideas
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.
SBUX Expecting to loose 70sSitting at a critical level. Not expecting it to hold. loose 70s looking to add a decent position for 3rd and 4th quarters. Around .5 fib area if where im looking to accumulate.
sbux in trading rangetrade in within the trading range, waiting for reversal candlestick pattern at support with golden cross of stochastic
No more pumpkin spice for $SBUX?SBUX might run out of steam soon. Pumpkin spice lattes and egg bites can only carry you for so long in this economy.
SBUX Long, EMA144 as support in UptrendThis is My Study script:
Buy in long term uptrend (Weekly and Daily).
Last week, Price Gap up above the side way consolidation
Today, price re-test EMA144.
Buy above EMA144 below: 79
Stop: 75
Target: 92 : Risk:Reward= 1:3
I am not a professional trader. I need few months to plan trade and trade plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
SBUX loses 3Billion in revenueIm thinking we might see SBUX down to the 72$ again.
Thaughts on the news, short tearm might give good chance to buy into the stock if you belive it has an after corona-market.
Dreaming about sbux hitting the 50s.
SBUX Trend AnalysisPossible Resi 87
Possible Supp 82.35
If I make new trade;
ep1 85 (now)
ep2 83
ep3 80 (Double of ep1+ ep2)
StopLoss below 78
Starbucks COVID 19 Analysis June 2020Still not convinced the growth isn't just a pullback to test again the $50 price or to even fall beyond $50. Now, $50 looks like a strong resistance zone. More like a reasonable price. Being not a essential commodity, there may be a stronger hit to the stock price if unemployment affects their clientele at a level in which they would have to further restrict their spending on nonessential items. Still very interested to see what happens once 2nd quarter of this year closes and earnings are disclosed.
SUBX chart pattern looking good to add to your long-term list SBUX huge triangle squeezed with good volume but first need to break out the GANN angle which it failed w times before as it shown under red arrow
SBUX CALL trade ideaSo this is my view on Starbucks this week. Just a simple analysis and please like and follow me. Thank You.
