SBUX appears to be in a repeating downtrend from Summer 2021 to Spring 2022. It would be ideal to utilize AI to predict how low SBUX will retrace. However, for the purpose of technical analysis (TA) and trend observation, I'm sharing indicators such as RSI, MACD, and AO, which suggest a high possibility of SBUX repeating the downtrend. Over the next three months...
The weekly timeframe shows, that the price of this stock is bouncing of a support zone. It forms from previous bounces from this zone as shown in the chart. Besides that, we have a bullish engulfing candle last week. So there is a potential buy opportunity with a 2:1 Risk-Reward-Ratio to the upside. Enter: 101,87 StopLoss: 95,38 TakeProfit: 113,9 have a great...
Long call for Starbucks after bouncing off critical support levels around $98. After moving up the past few days I am looking at $104.99 for the next target.
i expect this move for Starbucks in next month and before next earning call
Starbucks is exhibiting a robust support level on the daily timeframe. The price has shown a bullish sentiment by respecting this support level. As a result, we anticipate a bullish reversal and the formation of an upward trend. This bullish momentum could potentially drive the price to revisit the $107 level.
🔹SBUX has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. 🔹Break downwards through 98 will be a negative signal. 🔹Overall assessed as technically positive for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH |...
Starbucks entering major demand zone that cant be ignored, its not lost on me that we just broke the 200SMA however Risk/Reward is prime in this name at this exact spot. Stop loss should be a daily close under demand zone
NASDAQ:SBUX Analysis, Key Levels & Targets Time for some new swing targets… Target 1 at 94, and Target 2 @77… and that is the start, but all of the other targets are in play as well if we dip even harder… and target 1 and two would create a head and shoulders if hit… --- I am not your financial advisor. Watch my setups first before you jump in… My trade...
Starbucks has established itself as a dominant player in the specialty coffee industry, with a strong brand image, extensive global presence, and a diversified product portfolio. The company's successful business model, focused on providing high-quality coffee and a unique customer experience, positions it for continued growth. However, there are potential risks...
Nobody Knows Where is Price Going. Hey traders, here is the analysi. If you guys like my analysis please hit like?? and follow. Thanks. DISCLAIMER- This is not financial advice. SMART MONEY CONCEPT. identify Liquidity Or Become Liquidity
On the daily chart, SBUX swings within the middle of an ascending wedge and tries to stabilize above the horizontal resistance area between Fibonacci level of 78.6% at $107.23 and $108.87. While we are now waiting for SBUX to breakout above the ascending wedge, which paves the way to advance towards $117.80-120.76 as initial targets. With setting the levels of...
SBUX seems to be showing a bearish divergence with the price action and RSI. If you can look at the chart, see how the Price action is creating Higher Highs, and RSI indicator is creating Lower Highs. That is a bearish indicator. Obviously, we do not want to make our decision just by using one indicator. We also see a rising wedge (in yellow) which we can...
If you haven`t bought SBUX Starbucks after my last chart: Then you should know that the rally could continue, in my opinion. Looking at the SBUX Starbucks options chain ahead of earnings , I would buy the $115 strike price Calls with 2023-4-21 expiration date for about $2.90 premium. If the options turn out to be profitable Before the earnings release, I would...
One of the longer-term plays I am watching. IPO'd back in 2021, they don't have much in the way of current earnings, but analyst estimates are expecting big growth over the next couple of years. Starting to inch its way up the right side of a possible stage 1 base on good volume. Don't need to rush into buying this one - need to let it show me that it is in...
Looks to be getting pretty extended.. running into quite a few lines going into next week with a surely bearish FED meeting.
Hi viewers, SBUX technically watched here now expecting new bullish push TP1:90 TP2:93 TP2:96
It has to be said that Starbucks doesn't look good at all in the monthly timeframe. If the formation works, it will be possible to see the level of 63 dollars in the summer months. Approaching or crossing the $120 level means formation cancellation.
There is a head & shoulder on the 1M chart it may take some time to play out but lets see whats to come in 2023