SBUX CALL trade ideaSo this is my view on Starbucks this week. Just a simple analysis and please like and follow me. Thank You.
SBUX trade ideas
SBUX - Starbucks Analysis Just a quick TA on this one, short, sweet and to the point.
SBUX showed a noice bounce from it's current lows. Price is currently above the Red Point of control line, but was stopped cold at the 200MA. If you're looking to make a move on this one, we would wait for a break either above the 200MA, or a dip below the red point of control line.
An upward break above the 200MA and the first stop we're looking at is the $87 range.
A downward break below the red Point of control line and we would be looking for the first level of support around the $74 range.
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SBUX CALLthis is my trading idea for SBUX for next week. Currently the price are still ranging in the channel and at this point I would take a call position at current price and the take profit will be just right at the top trendline.
SBUX Long, Using EMA(144) and EMA(377) to find Buy opportunity Add EMA(144) and EMA(377) to show a dynamic support Zone;
Price crossover EMA144 today;
Entry: 78.5
Stop: 75; when Below EMA144 and EMA377
Target: 92; risk/reward=1:4
This is a trading school homework. I need few months to practice trading 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 Starbucks Corp trade setup
Possible long entry on break above Fibonacci resistance.
Target price $84-$85 on continued market strength
The world economy begins to re-open SBUX a obvious benefactor
StarBucks SucksWell this is one of many
The unemployment rate, mortage debt rate, interest rates, etc. etc.
Almost unpleasant how bad and unreported these big stocks are in trouble
SBUX is in consolidation stageIf the price remain at the top of 20MA for this coming trading days and break the Darvas box rally will continue.
sbux play 78-85 in 2 months or less. Should see 85 as we go back to work, and drive through stay packed. We are now going back into take outs and some dine ins. If they aquire the BYND deal that will raise average price totals and increase the value of the company 15%. 85 strikes for 2-6 weeks out.
BULLS NEEDS SOME COFFEE TIME With the reopening news, SBUX has a great opportunity to recover from the coronavirus cliff fall. Support $70.6 and resistant $78.1 is a huge consolidating area and had been tested a few times. The current news more likely will push this stock towards the uptrend. RSI looks good (never overbought since the drop back in March) and the TTM squeeze is in the transition to the uptrend momentum. Confirmation is to break $79.9 and the target is $82 next week.
SBUX move upAwaiting MACD and MA Cross. With loosened social restrictions should help SBUX. Entry $78 T1-$84.90 T2- $89.22
Short starbucks around 75charts look bearish and consumer business is highly impacted and recovery is slow.
SBUX - Speculative pullbackThis is intraday idea. According to the key level theory, fast move to the resistance line would have pullback of 50%. Hence there is a chance to make a penny.
Starbucks Battling its 200d Moving Average- Starbucks fell this quarter on a negative earning surprise - a business which was hit by the Coronavirus.
- Technically it's recovered quite well from its lows and is set to battle its 200d MA. Its failed once already and is now bouncing off its warning line.
- We would be buyers at the below demand zone around $66 - otherwise a breakout from its 200d MA would present an breakout buy point. We expect the stocks to falter at the above supply zone - but Starbucks is a great long term business and could be a great asset to add to your portfolio.
