$SBUX Key Levels, Analysis, & Targets$SBUX Key Levels, Analysis, & Targets
So I do think that here I’m going to start with target 2 - but target 1 might catch it. I’m still aiming for 2.
Swing setup
1 at 79.11
1 at 71.06
2 at 60.85
4 at 50.02
(Then multiply by your multiplier (x5, x10, x100, x1000, etc to find your position size)
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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…
SRB trade ideas
$SBUX - Wait for the gap close.Even though Starbucks looks attractive here, there is a gap that needs to fill at $83.44. I would be patient and wait until $81.72 or 161.8% fib extension and see if bottom has formed.
For now I am sitting on the side lines and wait for the dust to settle.
Possible target 1 - $81.72
Possible target 2 - $73.2
I would definitely take a sip of Starbucks around $73.2.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines show support and resistance areas.
- Fib lines also show support and resistance areas.
- The dotted white lines show the price projection for breakout or breakdown target.
Disclaimer: Not investment advice.
SBUX LongHello Guys, This is my first post analysis about stock market, Currently most of Stocks market in bearish situation, but not for SBUX, it gain 1,37 % and SBUX just broke out the downtrend line with bullish gap, it is sign the positive good work of the company and the people are very interested with the product. my analysis SBUX will be in bullish to the target price at 116 $
Recap: 3/23 SBUXStrat play 3/25 85p
Setup: 3-1-1-2 double inside day
Actual gain: 0.39->0.33
Theoretical gain: 0.39->0.40
I got in this one and moved my mental SL to the high of the most recent candle. It broke really quickly and I had some slippage on the way out.
Overall, flat day for SBUX and holding would've netted breakeven. No targets hit, no stop loss hit.
Keenly watching SBUX at multiyer trend supportMultiyear trend seems intact for now. Sitting on 200 EMA and on the trend line. Although CMF is negative which is a bit concerning. So a good entry would be if this bounces and CMF turns positive. Neutral for now but bullish if this bounces.
Disclaimer: My opinion on stocks are mine alone and not to be taken as Investment advice.
SBUX STARBUCKSMajor bad signals for starbucks
Breaks fib 23% (warning track) weekly
Breaks 50/100/200 moving averages
Confirms my suspicions that the FED is stealing liquidity from the markets via the very banks that they loan out the money too.
The very manipulative behavior that they are supposed to be preventing is coming from the source of money itself.
Find the people shorting
Link them to the government
The only way.
Expecting SBUX to head towards ~$85Long term technicals don't look too good right now, there is a gap that still needs to be filled and that is what I am expecting is going to happen.
Currently at the Monthly SR level and volume area, but seems to be rejecting it. My logic is that is will go to the next volume area, possibly bounce off the weekly SR level.