SBUX trade ideas
Pinbar/Doji retracementPinbar/Doji off of Fibonacci level and previous resistance turned support. Waiting for price action and volume. Setting entry at a break of previous day's high. Pinbar/doji didn't break previous price levels which can be an indication that it may not reverse, though
Sbux LongAccording to Bloomberg, The Fed Is Entrenched in the Repo Market.
"Since the rate on overnight repo spiked to 10% on Sept. 17 from around 2%, the central bank has been conducting overnight and term repo operations to help rebuild banking reserves, adding $237 billion of liquidity. It’s also prepared to inject up to $490 billion around Dec. 31."
Since, the market is held up by the fed, I looked around for some safe stocks to go long on and Sbux seems like a good safe bet.
if we get a pullback to $88 today, i would get an entry and see if we could potentially reclaim ATH at $99.72 in the next two weeks.
especially since majority of the white girl index is hitting All Time Highs, Why can't Starbucks?
Stoploss around $86
Take profit $91
max target 99
Starbucks longafter a short a nice short.
wil give a nice uptrend.
biggest starbucks in the world has opened, time after you see that
the trend changed.
safe all.
Staubucks support and resistance support and resistance. the chart speaks more.
let me know what you think.
SBUX Bull Within Bull Discount Valuation Play$SBUX has seriously been lagging the end of 2019 rip across major market indexes that saw $AAPL rip bear's faces clean off & blow right through a $1 Trillion valuation by over 25% in just a few months can you say insane...The farther Mega caps like $AAPL & $MSFT push higher the more of a discount there is in a global discretionary like $SBUX.
We have a very clear bull flag formed on lower resolutions that should price clear through the bull trigger we should see it push rapidly toward the downtrend angle then shockwave B4 we see it have a real chance to play catch up on the broader market & move toward Target 1. Once there we should see price stall in another shockwave before gathering more steam for a follow through push higher to target 2 where another stall & shockwave is likely.
SBUX flaggingLooks like SBUX trading within the fibonacci levels here. With some volume could make a run above the 89.29 level.
Starbucks short at supply. Sip your Frappuccino while it lastStarbucks has a clear marked supply zone near the 61.8% of the high and Low retracement level. Get ready your Frappuccino and Oreo cheesecake for a show !
Sell On SBUXI think we are in Very Strong Fresh Supply and Must Be Respected So Its A good Sell On Options and Stock / Have Good Trade With (Stop Loss)
Starbucks /technical analysisThe RSI study on SBUX has worked well, as it behaves very closely to the stock price.
A
Uptrend RSI & price
B
Downtrend RSI & price
C
Price consolidation & RSI uptrend
Fundamental
J.P.Morgan raised its rating on the SBUX to "overweight" at $94 FE.
$SBUX Starbucks Corp continue to buy what your selling. Entry level above resistance $89.39 = Target price $93.13
The company sees great value in their stock as the continue to buy back stock at the current levels and in particular on the most recent dip.
Average analysts price target $95 | Overweight
P/E ratio 30
Company profile
Starbucks Corp. engages in the production, marketing, and retailing of specialty coffee. It operates through the following segments: Americas; China/Asia Pacific (CAP); Europe, Middle East, and Africa (EMEA); and Channel Development. The Americas, CAP, EMEA segments sells coffee and other beverages, complementary food, packaged coffees, single-serve coffee products, and a focused selection of merchandise through company-oriented stores, and licensed stores. The Channel Development segment include sales of packaged coffee, tea, and ready-to-drink beverages to customers outside of its company-operated and licensed stores. The company brands include Evolution Fresh, Teavana, Tazo Tea and Seattle's Best. Starbucks was founded by Jerry Baldwin and Howard D. Schultz on November 4, 1985 and is headquartered in Seattle, WA.
$SBUX JP Morgan upgrades Starbucks Entry level $88.20 with target at the golden pocket at approx $92.50
JP Morgan upgrades the stock to overweight from neutral.
P/E ratio 28
Starbucks Corp. engages in the production, marketing, and retailing of specialty coffee. It operates through the following segments: Americas; China/Asia Pacific (CAP); Europe, Middle East, and Africa (EMEA); and Channel Development. The Americas, CAP, EMEA segments sells coffee and other beverages, complementary food, packaged coffees, single-serve coffee products, and a focused selection of merchandise through company-oriented stores, and licensed stores. The Channel Development segment include sales of packaged coffee, tea, and ready-to-drink beverages to customers outside of its company-operated and licensed stores. The company brands include Evolution Fresh, Teavana, Tazo Tea and Seattle's Best. Starbucks was founded by Jerry Baldwin and Howard D. Schultz on November 4, 1985 and is headquartered in Seattle, WA.
