4SBUX trade ideas
SBUX move upAwaiting MACD and MA Cross. With loosened social restrictions should help SBUX. Entry $78 T1-$84.90 T2- $89.22
Short starbucks around 75charts look bearish and consumer business is highly impacted and recovery is slow.
SBUX - Speculative pullbackThis is intraday idea. According to the key level theory, fast move to the resistance line would have pullback of 50%. Hence there is a chance to make a penny.
Starbucks Battling its 200d Moving Average- Starbucks fell this quarter on a negative earning surprise - a business which was hit by the Coronavirus.
- Technically it's recovered quite well from its lows and is set to battle its 200d MA. Its failed once already and is now bouncing off its warning line.
- We would be buyers at the below demand zone around $66 - otherwise a breakout from its 200d MA would present an breakout buy point. We expect the stocks to falter at the above supply zone - but Starbucks is a great long term business and could be a great asset to add to your portfolio.
SBUX - Bullish with a caveatSBUX looks great here, fibs on two timeframes showing a big break up looking to occur. Big problem that you notice is many lower highs and lower lows (BA, SBUX, etc.). I believe SBUX looks to move upward, has had solid volume and project Make America Open Again will bring in some newspiece to have ears perk up. Be careful though, lower highs and lower lows makes it look not so great.
SBUX - 30min TTM Squeezesaw ttm squeeze on 30 min and got in on second bar , trading above ema8 , see if this trend holds into tomorrow
Starbucks - Go long for a long term investmentThere is not a real signal of uptrend/downtrend.
Just based on Fundamental Analysis and for a long term investment seem a good idea to go long.
Starbucks INC will GO LONG NOW ! when Starbucks INC will hitt the resistance it will GO LONG until the Support above and may past the support ..
Star Bucks Wil GO SHORT NOW !Star Bucks Jut hitted the Suport Above and Wil GO SHORT NOW Until the Resistance below!
Short starbucks for daily support from end of the wedgeShort starbucks for daily support from end of the wedge
SBUX Earnings Call Risks and RewardsReal quick before trading closes.. I have the levels above that could be reached if traders react well to the earnings and the levels if a drop occurs.
We all know that the earnings are going to be low. That is factored in already, but still there is still going to be a reaction tomorrow morning. I personally think there is more risk going for a call rather than a put due to SBUX outperforming XRT, the retail sector's ticker. More room to move down rather than up.
Still earnings is always a little bit of a gamble so be safe and trade appropriately! Give me a follow if you like my content and check out my past couple posts... I'm pretty good at calling SPX movements ;)
purchase for starbucksHello, STARBUCKS is looking all the condition are met , look for the 78.72.
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SHORT SBUX EARNINGS TOMORROW FUNDAMENTALS FIRST AND FOREMOST EARNINGS ARE TOMORROW I DO NOT THINK THAT THEY CAN BE POSITIVE WITH THIS PANDEMIC GOING ON.
technical wise the trend line is being tested more often which means it could potentially break soon, notice how each retest to the trend line gets a weaker pump and triangles are getting smaller and smaller, it is signs of a bigger move in the works.
Just looking through a few indicators and the Stoch RSI. It is going to the oversold point and also could be a corrective wave downward.
This is a risky play, so i am going to short a small amount or a short term contract, because i sincerely do not believe earnings will be astounding
Lets see what happens and remember
Wash yur hands!
