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Sbuxshort

SBUX a tale of two trendsSBUX 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 (June-September), SBUX is expected to move sideways between 96 and 106. Then, a significant drop would confirm the repetition of the downtrend, or a substantial surge could break 116, continuing the uptrend and setting a new high. Here are the key observations: On the weekly timeframe, RSI has remained below the mid-line since last month, indicating an expected continuation along the mid-line. Additionally, MACD's histogram bars are below the mid-line, further confirming the strength of the downtrend. MACD is currently moving below the signal line, confirming the downtrend. Comparing previous uptrends on the price chart, which lasted 55 weeks, to the recent uptrend of 45 weeks, there is an approximate 10-week difference. Applying this 10-week gap to the length of the MACD histogram, which stayed below (or crossed) the signal line for 39 weeks in the past, the prediction for the repeating trend is approximately 28 weeks. Similarly, looking at the Awesome Oscillator (AO), in the previous cycle, it took approximately 30 weeks for AO to cross below 0 and reach the lowest price. If the cycle is repeating, it is expected to take around 20 weeks to reach the lowest price. Please note that these observations and predictions are based on technical indicators and historical patterns, and they may not guarantee future price movements. It's important to consider other factors and perform comprehensive analysis before making investment decisions.
NASDAQ:SBUXShort
by gsat033
SBUX BOOOLISHLonged SBUX Friday and sold as it absolutely ripped, and I don't like holding contracts over the weekend in this market. Earnings coming up if they beat, I think she rips. I think it's likely they beat as well. Depending on how it opens tomorrow it's near the top of my watchlist for a long. Looks like accumulation the past couple weeks. The max I would ride it would be to the black line as you can see it was resistance/support. I would likely take profits before then though bc I like to protect my profits and play it safe during an uncertain market. Not financial advice. $SPY $SBUX $ES
NASDAQ:SBUXLong
by EZmoney24
1
SBUX Forecast After Meeting Earnings ExpectationsAfter touching our price target here: Starbucks Corporation (SBUX) is in line with earnings expectations: Revenue: $7.6 billion vs $7.62 billion expected Adj. EPS: $0.59 vs $0.60 expected U.S. same-store sales: 12.00% vs 8.90% expected International same-store sales: -8.00% vs 1.87% expected The China threat to SBUX is not over yet in my opinion, the U.S. and China stores represent 61% of the company’s global portfolio (2/3 stores in the U.S and 1/3 in China), and we could expect a retracement to the Covid lockdown area if we won`t see growth in the second half of the year. Looking forward to read your opinion about it.
NASDAQ:SBUX
by TopgOptions
STARBUCKS 4H NEAR FUTURE PREDICTIONTechnical Analysis Summary SBUX/USD TREND ANALYSIS We have 1 Downtrend in red color We have 1 uptrend in green color All yellow trends are trends from the past I added the just to show you why starbucks started moving down from the trend prespective. FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS). Be careful trends need to be modified when broken to the new peaks. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
NASDAQ:SBUX
by husseindergham
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)
NASDAQ:SBUXLong
by jUiCE_Trades
STARBUCKS TO CONTINUE FALL PRICE TARGET $40 Good day all, As I posted earlier there has been a nice Elliott pattern forming with the last leg developing. Further to this, a triangle pattern has emerged and has broken out with a gap downwards on daily. Generally speaking, the target distance is the widest part of the triangle which lands just around the $40 mark. Further confirmation to this is the retracement to the Fib level of 50% from it's low of $50. We should expect the stock to trace down to at least the first level of the Fib extension which ALSO is around $40. Fundamentally speaking, traffic is down now in UK, Canada, USA to drive-thru or full closure which compromise the majority of its revenue. They have guaranteed wages to staff into May whether they show up or not which in turn will MAINTAIN expenses. Starbucks realizes this and this is why it has decided to continue buybacks of 40M + additional 16M of its stock while other companies have suspended this. This is purely intended to juice its EPS come the next two quarters in hopes to 'manufacture' a better number. Expect retail investors to jump on only to be followed eventually with a downturn again. Let me know what you think and if you see the opposite forming! Cheers.
NASDAQ:SBUXShort
by byzantine82
SBUX FURTHER DOWNSIDE EXPECTED IN APRIL AND BEYOND. AS THE MARKET BEGINS TO TURN, A PROPER RETRACE OF PRICE IS ACHIEVED AT THE 50% FIB LEVEL. A, B ,C FORMED AND CURRENT NEW ELLIOT 5 WAVE ABOUT TO FORM WITH TARGET AT 38.2% EXTENSION OR FURTHER. GREAT RETRACE TO FIB LEVEL 50% LAST WEEK FOR AN EXCELLENT BULL TRAP. THIS IS FURTHER COUPLED WITH USA LOCKDOWN WHICH ACCOUNT FOR 65% OF THEIR STORES. DEBATABLE IF ANY FLOW OF BUSINESS ACTUALLY HAPPENING IN CHINA EVEN THOUGH "95% OF STORES OPEN". POOR GUIDANCE FOR REST OF YEAR ON APRIL (IF THEY GIVE ANY) WILL DRIVE STOCK FURTHER DOWN.
NASDAQ:SBUXShort
by byzantine82
Starbucks Short - CoronavirusWith reports of the coronavirus in full force within China and the boarders shut down. This might be the perfect time to short Starbucks. Starbucks now has about 12.75% of all store location in China and reports have stated that all locations have been shut down. No reports have been made about the duration of the shut down, but this will have a significant effect on Starbucks Q1 2020 financials. Star sucks earnings already missed in Q4 2019 without this added on. Putting my TA hat on. The first potential support zone is about 4% of a draw down and then another 6%. I’m waiting for the triangle set-up to break before shorting.
NASDAQ:SBUXShort
by ISquared2
1