Patience Is A VirtueIf this selloff continues there are some great values to look forward to. Don't get discouraged....just keep cost averaging in and when it get's back to 100.00 a share you'll be one happy camper.
SRB trade ideas
SBUX looking interesting for a long here SBUX breaks above the 200 day MA for a decent R/R trade to the upside
Starbucks: The selling isn't over.Starbucks is being under heavy selling pressure since the start of September having fallen over -12% since its All Time High. This is not alarming for long term investors as the rise since July 2018 has been extremely aggressive (that aggressive that the Monthly chart is still bullish with RSI = 67.474, MACD = 8.570, Highs/Lows = 8.7721), but the selling isn't over yet.
According to its long term set up since 2012, the price always touches the MA50 on the 1W chart (illustrated with blue) after a market peak. Currently that is at 77.50, within the 81.65 - 73.65 range made after the % decline of the last 2 ATH falls. We expect that to be the Demand Zone for the stock and is where we are turning into long term buyers again towards a target value above 100.
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Starbucks is ready to go long againSip your latte while waiting for the bullish demand to fill up. Bullish divergence is the key
Weekly SBUX prediction I see Starbucks followed the market today, I believe the market is settling down and normal fluctuations will occur. Based on previous price action, including candlestick trends I predict SBUX to rise all week and break $90 a share by Friday, 10/4
SBUX to $105 Option Call I am deep into my option contract. 100 contracts for $105 by 11/15, counting on Q4 earnings to blow SBUX out of the water. I believe the remainder of this week will be good for SBUX since volatility has slowed down. Next week technicals are showing strong buys. Looking good all around, this will be a fun ride.
Do You Invest ?It just might be a good time to add this to your portfolio. Good for growth investors and dividend investors....I like it :)
SBUX ending the week strong With market volatility dissipating and a big $30M EU court win for SBUX will help drive the price up the rest of this week. My closing price prediction is $92.50. Are you a Starbucks bull? Ready for Q4 this October? It will be a fun ride.
SBUX Long Call Price Prediction I have created trend lines to show a future prediction of Starbucks stock price, with expectations that SBUX will beat Q4 earnings.
SBUX Update 2 Please refer to my previous trend analysis, I added a new line to show how I got my bottom.
SBUX September Prediction This prediction will be Starbucks stock fluctuation and value by September 30th. A lot of work went into this and I am betting big on an option contract that expires 11/15.
50 contracts for SBUX to be $105
Comment below your bullish or bearish thesis on SBUX
BEST ZONE TO RETAKE STARBUCKSBest place to retake STARBUCKS shares, between 64$ && 67,30$ (fibonacci 61,8% of the last impulse).
El mejor sitio para retomar STARBUCKS ahora, entre los 64$ y los 67,30$ (fibo 61,8% )
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#MARKTADVISOR
Starbucks Moving Towards The Previous HighLast post: August 7th 2019. See chart .
Review: Price gapped up, and started to pull back.
Update: Price filled around 50% of the gap and has started to rise again.
Conclusion: If the bulls can continue to have control then we should see a break of the previous high soon.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
SBUX showing relative strength SBUX holding above SMAs well following positive earning gap. One to watch if the market settles down.
Starbucks don’t care.Don’t think this beauty is going down. People adjust their day to factor in the wait for their fix.
Great Bullish set up Bullish consolidation under it's high from ER, Great long swing. SEP 20, 50 delta calls. FIBs 1 and 1.272 for PT's
