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?
SRB trade ideas
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
How far will Starbucks retrace ? Starbucks is oversold and started pulling back. Finally the RSI dropped below 70.
First target: 62.55
Second target : 60.70
Past FUTURE High / Low price swing predictions for SBUXPrice swing predictions dates for SBUX (Starbucks).
SBUX Distribution Trading RangeSBUX looks poised for a massive drop as it sits atop what appears to an Upthrust After Distribution (UTAD). Typically UTADs are caused by short squeezing early bears. In our case, the UTAD was caused by a failed H/S pattern that initially broke downwards (to lure in the bears), and then quickly returned to the top of the Trading Range to then short squeeze the market. I am looking for a short position here and using a potential daily BBands M top setup to time my entry. This is a multi-year Trading Range so this thing is likely going to be a great source of action in the coming months.
If you like this type of analysis and are interested in learning more about my charting style/analysis, check out my trading community at www.bitcoinschmitcoin.com
New Alltime HighWe exceeded the former alltime high from October 2015. By this we left the sideward range prevailing since then.
1 indicator to beat SBUXit's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot appears you buy, if a green dot appears after that green dot you hold your investment.
if a red dot appears you sell your position. easy as that.
shorter time frames will be choppy.
larger time frames will be smooth.
SBUX more upsideSBUX shares gapped to new 52-week highs after a strong earnings report. Strong buying in the shares should buoy the stock higher.
DISCLOSURE: long SBUX
$SBUX Baristas must be excited about a House takeover.They missed earnings and the stock goes up. Ah the optimism at the coffee shop. I guess they'll be getting all the new Iphones and MacBooks.
[SBUX] Phase 2The great leap was last week. I'd considered buying some shares if the price breaks the resistant. The volatility of Starbuck is high, so I'd be cautious.
Startbucks shortStarbucks has seen a 90 degree rise in few days. However it did not manage to close strongly after that steep rise. In my view it should fall back forming a triple high at this point.
STARBUCKS: ENCOURAGING MOMENTUM IMPLIES MORE POTENTIAL REBOUNDMarket sentiment remains encouraging despite the recent “Bearish Harami” pattern, MA lines point towards positive outlook (blue above red), The 14-day RSI indicator suggests further upside moves above the 50-pt mark: No end to the buying activities yet.
(Disclaimer: All the information are mean for educational and informational purposes only, and is made available to you as self-help tools for your own use. This is not intended to be a substitute for professional financial advice.)
Long SBUXDirectional Bias: Long
Price Target: 62
Good Entry: 54-56
Risk/Reward: $2 max risk/$7+ reward
Bill Ackman on the comeback grind coupled with good technicals/price action. The daily 50 sma is providing rising support currently above 55. Trade Valid as long as 54 holds.
