bulls need a coffee break after this dip xD Starbucks saw more downside after the RSI rejection as expected.
If we move above local/trend resistance I am targeting 94.57-99.07, below local support I will target 79.27
SBUX trade ideas
SBUX Major Sell Off Due To Sharebuyback is a Perfect Time To BuyShare buybacks help decrease float and push the price up. However, this is Starbucks we are talking about. The share price is too low; there is too much liquidity in the market for the price to dip like this more than 5%. I am long!
Starbucks - Cup With a HandleThe Cup With Handle chart pattern is bullish. I'm bullish on Starbucks.
Sometimes it's best to go with tried and true price patterns
This would make William O'Neil proud.
You can't make it up.....
$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.
will the RSI history repeat itself ?Starbucks broke trend resistance which is bullish, but pay attention to the RSI resistance! it has been rejected here so many times, chances are it happens again.
looking for re-test of previous trend resistance (83.77) after the dip I will target 94.57-99.07
starbucks watchafter a vry long downtrend . the price will see some majore changes in trend and will change directions to become an uptrend . best move is to wait from the green candle on monday then enter as buyers
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 $
SBUXStarbucks (SBUX) climbed 4.8% after the coffeehouse chain Wednesday said CEO Kevin Johnson plans to retire April 4 and that longtime chief executive Howard Schultz would return to the post on an interim basis during the search for a permanent successor.
SBUX inverse H & SWill SBUX be able to pull it off and go to 102? Maybe fill that little gap before rallying back up, or maybe not?
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.
interesting look on the monthly chartstarbucks has a very ugly chart on any time frame but the monthly might give us a peek of what is to come
STARBUCK WILL COMPLETE CORRECTION AT 0.618 FIBO Retracement This is my prediction for Sbux. 100% wrong and if it goes right then its only coincidence. Only prediction.
$SBUX with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $SBUX after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 57.14%.
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.
Starbucks buy?The RSI indicator is reporting a bullish trend. If the consolidation trend breaks, we can see the price rise.
Good luck!!!!
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.
gap areathere is a gap down there.
i expect to to go down and fill that gap
if it close above 99 i would buy some shares. but watch out the gap.
$SBUX finding support after pre/post earnings selloff?$SBUX seems to have found a support in this range after a month long sell off leading to earnings and a nice dip after weak report
Holding multiple days support on 1D with a bullish hammer going in to the week of 2/5/22
RSI 28.87 oversold on 1D
MACD tight is tight - looking for continuation or cross to downside
Confirmed break of $98.8 could easily see a move to $102-105 range
Will be on watch to hold support and have continuation to the upside
Wait for confirmations as downside is always possible with current market
Looks like this one might be fun to trade for a bit!
Enjoy and, as always, manage your risk!
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.
