Shorting milestones - SBUXEvery time, Starbucks hit a new milestone of 10s - at $70, $80, it made a correction of about $5-$10. Small corrections also happened every 5s - at $75, $85. Loaded up on puts for $87.5, $88, $89
SBUX trade ideas
Short On Starbucks Near an all-time high and RSI seriously oversold
Will increase position @80 on the RSI
Starbucks Is Moving Full Steam Ahead!Last post: July 3rd 2019. See chart .
Review: Price was in a nice up moving trend.
Update: Price has continued to head higher since.
Conclusion: This stock should present a nice trading opportunity on the next breakout.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
SBUX could hit $35.00 by CountdownToOct2021 Market LowSBUX could hit $35.00 by CountdownToOct2021 Market Low
Restated: SBUX 204 SMA = $30/share could lose 65% value by 2021Restated: SBUX 204 SMA = $30/share could lose 65% value by 2021
SBUX 204 Monthly SMA = $40/share - could lose over 50%SBUX 204 Monthly SMA = $40/share - could lose over 50%
Daily SBUX forecast analysis for stock investing strategies03-Jul SBUX
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Falling section of high risk & low profit
S&D strength Trend: In the midst of a rebounding trend of upward direction box pattern price flow marked by limited falls and upward fluctuations.
Today's S&D strength Flow: Supply-Demand strength has changed to a strengthening buying flow when stock market opening.
read more: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.2% (HIGH) ~ -0.7% (LOW), -0.3% (CLOSE)
%AVG in case of rising: 1.3% (HIGH) ~ -0.2% (LOW), 0.8% (CLOSE)
%AVG in case of falling: 0.6% (HIGH) ~ -1.0% (LOW), -0.7% (CLOSE)
Short StarbucksStarbucks is taking a page out of Bitcoin's playbook on exponential price action. Short this garbage.
Starbucks Shooting Higher!Last post: June 20th 2019. See chart .
Review: Price was trending up nicely showing a nice bullish candle last month.
Update: Price has since broken above a previous high.
Conclusion: As we have broken above a previous high, price is looking strong and creating new all-time highs.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
SBUX (Starbucks) HaltedSBUX flatlined in the last few sessions. Possible Short opportunity. Let's keep watching!
Caffeinated beverages gone parabolic 2.618 extension hit. Looking for a retrace to previous resistance at the .618 of current leg up. It's just coffee.
Loosing MomentumHow does this go higher? trading at like 35x trailing PE and 26x forward sales = no thanks.
Time to cool off? SBUXLove SBUX but time for a cool off. Gap from 2018 has not been filled all the way, rally has been great but all parties end and this might be one of them at least short term.
Starbucks Flying High!This stock is featuring for the first time on our TradingView blogs.
Current setup: Price is trending well and continues to look strong based on the monthly timeframe.
Conclusion: As long as price continues to create higher highs and higher lows on the daily timeframe, we should continue to see this stock remain bullish.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
SBUX Hits New All-Time HighSBUX has defied the recent weak market activity, and has run up to a new all-time high. The Percentage of Shares Held by Institutions remains well above average for a big blue-chip stock.
$SBUX short for next week Chart appears to be ready for reversal might want to add it to your watch list for next Monday!
www.tradingview.com
Starbucks - How long will it stay overbought? Using Fibonacci retracement: SBUX next resistance is $85.75 .
If we brake above this line with high volume, it confirms the extended bull trend; meaning we could spend some more time in overbought conditions.
RSI and OBV confirm strong uptrend since July 2018. Check weekly time-frame for a clear view.
