SBUXCL trade ideas
1 indicator to beat SBUXit's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot appears you buy, if a green dot appears after that green dot you hold your investment.
if a red dot appears you sell your position. easy as that.
shorter time frames will be choppy.
larger time frames will be smooth.
SBUX more upsideSBUX shares gapped to new 52-week highs after a strong earnings report. Strong buying in the shares should buoy the stock higher.
DISCLOSURE: long SBUX
$SBUX Baristas must be excited about a House takeover.They missed earnings and the stock goes up. Ah the optimism at the coffee shop. I guess they'll be getting all the new Iphones and MacBooks.
[SBUX] Phase 2The great leap was last week. I'd considered buying some shares if the price breaks the resistant. The volatility of Starbuck is high, so I'd be cautious.
Startbucks shortStarbucks has seen a 90 degree rise in few days. However it did not manage to close strongly after that steep rise. In my view it should fall back forming a triple high at this point.
STARBUCKS: ENCOURAGING MOMENTUM IMPLIES MORE POTENTIAL REBOUNDMarket sentiment remains encouraging despite the recent “Bearish Harami” pattern, MA lines point towards positive outlook (blue above red), The 14-day RSI indicator suggests further upside moves above the 50-pt mark: No end to the buying activities yet.
(Disclaimer: All the information are mean for educational and informational purposes only, and is made available to you as self-help tools for your own use. This is not intended to be a substitute for professional financial advice.)
Long SBUXDirectional Bias: Long
Price Target: 62
Good Entry: 54-56
Risk/Reward: $2 max risk/$7+ reward
Bill Ackman on the comeback grind coupled with good technicals/price action. The daily 50 sma is providing rising support currently above 55. Trade Valid as long as 54 holds.
SBUX Holding Bullish ChannelSBUX is holding the support of the bullish channel that began in July.
I am anticipating a recovery to $58+ before their earnings announcement on 11/1.
The content is for informational purposes only, you should not construe any such information or other material as investment, financial, or other advice.
-Wextini
SBUX could break outGrowth in China
SBUX same store sale are expected to increase over the next few years as China's middle class doubles, but are currently flat to slightly negative.
In spite of same-store sales in China falling, SBUX revenue is up 20% in China due to the opening of new stores at a rate of one shop every 15 hours in China.
China has recently partnered with Alibaba to gain marketshare in the online delivery of coffee, but there remains some competition with the first Chinese coffee unicorn partnering with Tencent for delivery services and customer analytics.
Overall Growth
On average, same-store sales are only increasing at a pitiful 3%, but is expected to remain positive for the foreseeable future.
Current Valuation
Relative to the market, SBUX is undervalued. A PE of 24 or so would be more ideal, which would is 33% higher than it's current PE of 18. Assuming current expectations and earnings growth remains above 10%, that would add another 10% on a PE of 24 next year, putting my PT at about $88, and near around $100 by the Jan 2020 options expiration.
Given 9/33 analysts have a rating of HOLD, 14/33 analysts have a rating of BUY, and 10/33 analysts have a rating of STRONG BUY, with 0/33 analysts have a rating of SELL, I think SBUX will grow into its industries average PE or a bit higher at around 24.
SBUX is on the verge of breaking above it's bear trend into a bullish one.
2020 Jan 17, Strike $75 calls could have an upside of 2,000% ($1 to $20+) if the break above it's bear trend occurs in the next month or so and it's quarter to quarter upward trend is sustained into the long-term.
$SBUX Short Term Trading IdeaStarbucks has been trading in an ascending channel since mid June.
Blue line is a long term resistance, there is an opportunity for some small profits in a short period of time.
Also, Fundamentally there is the up coming pumpkin spice / holiday season which could give a boost to the stock.
SBUX LONG PROJECTIONPrice move in upward sloping channel, currently trading at support level 52.50 inline with fibs retracement level.next key resistance is at 56.00
Starbuck ( SBUX ) --- 2 WAYSSBUX are accumulate and we will not clearly until the next step of this.
Waiting for next action and make your decision and entry investing depend on this chart as reference.
Thanks for reading and dont forget put a LIKE!
Starbucks two-way tradeSBUX has previously shown many trading patterns such as head and shoulders and flags. Currently, the stock is in an upward flag, but also on the middle of two Fibonacci levels. The blue line represents short-term resistance if the stock breaks that I believe it will stay in this Fibonacci level with enough time to hold until the next resistance line. This upward pressure is also backed by the RSI breaking out of a flap pattern and going bullish. However, if the stock breaks the flap pattern downwards then it may be stronger as the Coppock curve has also reached its resistance, so hence I put a short order in until the next support line. Also, the 50 SMA could potentially act as upper resistance, hence why I have cut my take-profit lower.
