Yup. Upgoing zigzag with increasing momentum. Looking for End of C. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
$NEW POSITION $SBUX Target 116.62 for 15.66% Or next add at 94.92 Why did I go long? Because three months ago when I was I said I would once it hit 101… I think that was part of the “Finding Better entries” tutorial I made. And even with my overall bearish sentiment I think this is a good place to start a position. So I’m in at 100.82 Next double position target...
Today, we will share the current situation we observe on SBUX. Let's start: After making a new ATH from December 2020, we observed a continuation of that bullish movement until July 2021. From there, the price has been correcting. Currently, it's on a 17.82% decline (175 days) The shape of the correction can be categorized into a flag pattern here; you can see...
$SBUX Almost at target 101 Thinking about starting a small position at 101 and simultaneously selling some puts at some of the lower targets… If it gets into the red zone I’ll definitely be doing something… What are y'all's thoughts?? —————— I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the...
$SBUX Target 101.16 So this target hasn’t changed… still 101. I currently am selling at both target 1 & 2, and if we get a good sell off I’ll be looking to target 3 as well… (75/June expiry) —————— I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now,...
Starbucks Corporation ( NASDAQ:SBUX ) Sector: Consumer Services (Restaurants) Market Capitalization: 137.229B Current Price: $116.97 Breakout price: $117.40 Buy Zone (Top/Bottom Range): $115.10-$109.10 Price Target: $126.30-$127.50 (1st), $129.20-$130.40 (2nd) Estimated Duration to Target: 108-112d (1st), 159-165d (2nd) Contract of Interest: $SBUX 3/18/22...
Starbucks is and will continue to suffer amid economic and employment issues. Several of their locations are observing reduced hours, and the ones who are not are seeing less traffic. This is a result of their customers tightening their budget. Starbucks usually has a good holiday presence but this year these factors have shown weakness. After testing 117 twice...
Wait for an H1 pullback. Price is making a wave 3 or C (H1 chart), a decent buy opportunity ahead
We have a nice Head $ Shoulders pattern which is ready to break . On Weekly time frame a bearish divergence occurred. We are targeting the 96 price level. SL just above 110. Entry when the support breaks. If you like the idea, do not forget to support with a like and follow. * 𝗧𝗵𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘀𝗵𝗮𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗽𝗼𝘀𝘁 𝗶𝘀 𝗻𝗼𝘁 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗱𝘃𝗶𝗰𝗲 𝗮𝗻𝗱 𝗶𝘀...
WATCHING $SBUX for entry at 101.16 —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in...
$SBUX rotation play for 2022. Shopping for December calls but no positions yet.
**Ticker:** SBUX **Golden Setup Checklist:** - Above key moving averages (8,21,50) - TTM Squeezes on multiple timeframes (1h,2h,4h,D,2D,3D,W) - No Earnings, Dividend Payout in the near future - Catalyst: Earnings was not bad at all. Multiple analyst have buy ratings well above where the stock is trading right now. **Ratings And Price Targets as of Nov...
Massive break on volume. Above 117.35 we might see a push towards ATH. Great R:R
Long term, if the markets do show some weakness, I become a buyer in the $88ish region. The gap in the previous chart was the yellow line ($91.29) and in logscale view 3M chart, we have a rising wedge with main support at $88ISH before potentially pushing higher within this wedge.
As long as they markets continue to grind higher, I think SBUX can push higher towards $111 - $112.50 area where the VPOC and Volume supply is on the daily (short term). I want to see an impulse move in that direction (with volume) that confirms a potential wave 1 reversal. Any weakness in the market and I want to be aware that if we break below our previous low...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. If you enjoyed this analysis, I would definitely...
SBUX looks bearish using Aspen Trading S/R Levels. It has broken the support at 113 and could move down to 111. Please like, share and follow if you agree with the analysis. Note - Aspen Trading S/R levels are invite only and can be accessed through my profile.
WATCHING $SBUX - Key Levels and Analysis Understaffed, higher cost of operations, higher cost off coffee, and unstocked shelves will likely chip away at revenue. I don’t normally look at fundamentals… I’m strictly technical. This is just what I am physically seeing every time I walk into a Starbucks. Analysis is technical only, but it seems to be supported...