SBUX - Big move coming**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 1st:**
-Cowen has an Outperform rating and a $125 target.
-Bank of America has a Buy rating and a $135 target.
-Wells Fargo has an Overweight rating and a $122 target.
-Wedbush has an Outperform rating and a $128 target.
- Rotation out of tech stocks could move SBUX in the next couple weeks.
- Daily bullish MACD cross
- Daily RSI curling up
BTO SBUX 12/17 115C @ 2.06
BTO SBUX 01/22 120C @ 1.80
Sbuxlong
Still Long on SBUX??Today my goal was to determine how bullish the SBUX play I called out was and due to today, I still believe we are long. What I was looking for was a bounce from the VWAP that currently rest at 118.49. If it bounced then Id still be bullish and if it broke through then id be bearish. We have seen an obvious bounce but something that's also notable is the fact that we closed above the 20sma. This was notable because the 20sma greatly identifies trend direction and resting above that is indicating that of potential bullishness. All that is needed for greater confirmation of the direction for SBUX is to see it drag across the upper bollinger band. The probability towards this playing out in our favor are great due to the VSLRT and the Stupid willy also signaling a bullish trend to be seen. Keep in mind that the daily chart already signified bullishness but it was needed to analyze the 15min time frame in case of a false signal.
Bullish Signals
-Bullish Daily Time frame
-VSLRT(More buy volume than sell volume)
-Stupid Willy(Willaims %R going up + Bullish momentum)
Price Targets
-1st 120
-2nd 123
SBUX: Short term correction wave playCalling this a ABC correction wave only because it has broken out of a long term up trend line + H&S pattern. Also, broad market seems to be weak overall.
It might turn out to be a 12345 Elliot Wave, bringing it back to retest recent high, but we shall see.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
SBUX Update(bullish)I am pretty bullish on SBUX and its for notable reasons. A while back I was watching this stock and saw the first indication of bullishness via the Weis Wave, which indicated less interest on the short side of SBUX. We then started seeing reduced selling momentum which also indicates bullishness. Using VWAP, we can see that we are seeing bullish money pour in while having a VWAP resistance lay at 118.69. I believe we will overcome this resistance due to the bullish signals given by the squeeze indicator and the Willy oscillator. Due to the given signals, I think we will see a decent sized bull run.
Bullish Signals
-Weis Wave
-Squeeze indicator
-Willy Oscillator
-Short term VWAP
-Close above Fibonacci Support
SBUX - Getting ready for a squeezeSBUX finally broke through that major resistance @ 114.70 w/ volume. We have also entered time cycle one on the TTM Squeeze. We're in the 7/16 115C and up 45% @ close. SBUX still has a lot of momentum to test 117 area and possibly take out the high. I can see this happening within the next week or possibly early if the market keeps trending higher.
Can SBUX keep up with coffee demand facing shortages?SBUX 2HR TF
-----------------
ANALYSIS
Coffee is in high demand, but SBUX is facing inventory shortages (cups, syrups, oat milk) as it continues to reopen locations world-wide. SBUX is already making amends as the company is resuming it's reusable cup program and dropping its summer 2021 drink line up.... This past week SBUX showed some strength to reverse and retest ATHs, as it broke the current downtrend resistance (solid green trendline) and filled the gap at 112.54. Looking for a continuation this week with a slanted inv h&s setting up and an impulsive wave 3 forming as the breakout.
Targets: 113.70, 118.32, new highs
Key levels
Support: 112.14, 110.88, 108.90
Resistance: 113.73, 114.63, 116.12, 119
Ideas
1. Shares
2. Long (swing calls 2week+ out exp. ATM/ OTM)
SBUX - 11.08% Potential Profit - Bullish PennantHere we go again, trying to manage one of the most challenging markets ever. Definitely the most challenging since my trading career started.
Bullish Pennant following a 4-month correction interrupting a massive bull run.
I am being very selective lately and I only trade when I see very limited risk, with potentially great rewards. This is why I like this setup.
- Target Entry $113.24
- Target Stop Loss $111.99
- Target Exit $126.31
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
SBUX ER run up! New ATH coming?Peppermint mochas out of season? oh well Starbucks released 5 new drinks to start off 2021! Now with earnings coming up we could see a nice rally. Sitting at the bottom of my channel here, could see a nice bounce near 101 and break of the recent downtrend line to retest ath, break over 107 I can see 110. Trading plan annotated in the chart!
☕ SBUX (8/31) - (9/11) ☕ Options☕ SBUX ☕
SBUX had a nice bull run last week topping out around @85.30
Holding above @83.50 and SBUX will have a high chance to break last's week's high. Above @85.65 and we'll find @87-88
On the downside, failing to break @85.30 and we'll most likely pullback to @82.50's, @79.50's, then rock solid support @77.15
SBUX - Can we push upwards?This is just a potential outlook. We'll be waiting for price to approach resistance #1
If price can break through resistance #1 , we'll enter buy positions to targets at resistance #2 . If price can further break resistance #2 and turn that into new support, there is a good chance that we can see SBUX continuing upwards to its previous highs.
STARBUCKS chart suggests the bottom is in. SBUX-LONGIn this detailed chart i have several indicators pointing to a near term bottom for Starbucks. The TD Sequential and WIlliams VIX FIX point to a bottom. The ichi-cloud also shows more room for upside in this equity. Notice the indicators have been extremely reliable in the recent history.