SBUX on a daily chart with two sets of VWAP bands anchored to dates back in one year ago and two years ago shows SBUX to be at the same price level as the low pivot of 2022. Price has bounced off the lower most of the VWAP bands and moved up in the past three trading days with higher than usual volume. I believe that short traders are buying to cover and...
SBUX of late has been in a descending channel and has sloped down heavily in April. It is now in deep undervalued and overbought territory at the bottom of the channel and above the 3rd lower VWAP band line. The RSI lines ( both faster and slower) are bearish as well. My trade plan is to watch Starbucks for a reversal which may be signaled by bullish...
SBUX on the dialy chart may be another candidate to short while the general market remains challenging in the face of the loss of anticipated rate cuts and ongoing geopolitical risk. SBUX has been trending down for nearly six months and the earnings miss add emphaisis to the trend. At this juncture, there is nothing to suggest a turnaround. I am adding SBUX...
Multiple bullish crosses on the KST indicate bullish momentum. An ascending triangle appears to be playing out, $420.00 price target by 2025. Inverted H&S pattern is noticeable as well.
On the 1H chart, KO is well positioned having bounced up from the dynamic support of the deviation line under the mean VWAP and now approaching the POC line of the volume profile over the past month. the dual time frame RS indicator shows lines in the mid-range between oversold and overbought. I believe KO will cycle up towards the dynamic resistance of the...
Bullish cross on the KST where I've placed a blue thumb up. Bullish cross on the Williams alligator with widening brands to the upside, inherently bullish indicator. Playing peekaboo with the 200DMA. A break above the 200DMA & 55c to 70c incoming real quick, maybe entering the cannabis sector is the type of move that will eventually attract volume to the newly...
Or, will we see a sharp decline due to a hole in the wall front running leaked financials that are dismaying? And maybe even a good ol Tinley fashioned PP below the trading price to compliment the short-selling pressure of TNYBF and bearish sentiment. I have placed green arrows on the chart to signify fake-outs of the Macro Descending channel and Micro Bull flag...
It appears as though TNY is forming an ascending triangle inside of a descending channel on a log scale chart. I drew two hypothetical scenarios likely to occur, trading is often never perfect. On the KST there's recently been a bullish cross, oftentimes throughout the history of the stocks trading, increased price action has followed.
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near resistance. Market is bearish , so take positions carefully.
37c in the next 3-6 months. Possible decline to 6.5c before a reversal. Bullish cross on the KST! Tinley's trading in a descending broadening wedge. With the Descending Broadening Wedge formation, we are looking for two touches to each trendline. Both the upper and lower trendlines should fall. The lower trend line should fall more steeply than the upper...
Not a financial advisor. SAM has been beaten down badly, and currently has a legal battle about its previous earnings. SAM is looking to recovery here and move bullish. I want to see this break above $580 and come back and test support. Should be looking to get over $700 in the near term. SAM is a beer giant, there is no doubt in my mind that they stay at...
Gruppo Campari is a leading company active since 1860 in the branded beverage industry. It produces spirits, wines, and soft drinks. DISCOUNT ON THE PRICE FOR CAMPARI Excellent buying opportunity for this asset after a discount of about 7% from the highs, the market is returning to recover value. Interesting opportunity to continue the trend with a target of €...
Not a financial advisor. SAM Boston beer had been absolutely slaughtered by share holders. looks like we have found a bottom here on the weekly. Looking for this to close as an inverted Hammer on this current weekly candle then confirm uptrend next week. Potentially a very great entry for those willing. Weekly RSI is completely shot here. Stoch is rounding...
Since July 2019 it appears as though BevCanna is the top-performing beverage-related stock, which Is very telling of the market considering BevCanna has 0 cannabis beverages available and 0 U.S assets or licenses. To each their own, let's see how this chart looks this time next year, glta. I would add VIDA & DIXI but they have disappeared into the P&D abyss.
It appears as though TNYBF has broken the downward sloping resistance of a descending channel, and upon back-testing old resistance, it has turned into support for the time being. The Williams Alligator bands are widening to the upside which is inherently bullish and exactly what traders look for in healthy uptrends or a defined shift in momentum. On the DMI...
On a long-term chart for TNY, it appears as though the price has formed a bullish pennant pattern in blue. The RSI is displaying a bullish flag. A bearish cross has occurred on the DMI where I've placed the red downward pointing finger. The price has noticeably broken the red downward sloping resistance of a Macro descending channel and upon back-testing has...
TNY appears to be trading in a descending channel on a micro-level. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form within longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices, but only after an upside penetration of the...
90% below its all-time high in June 2019. Stochastic and RSI at the oversold point. The Williams Oscillator has been in negative territory since August 2020, is a reversal coming? Nuze has been trading at a loss for some time now, which has dragged the share price down, positioning itself near a relevant support level not seen since March last year. If it is a...