$SBUX Support Bounce! Looking for 120.00$SBUX video breakdown! Looking for a bounce off a daily support! This could be a nice small account friendly option play!
SBUX
$SBUX weekly lottoalmost identical to MCD. 3 targets 119.5 120.5 and 122
119 call expiring tomorrow .40 saw under .20 today
Sunday Prep 7/25 - $SBUX Move seems overdoneThis thing has REALLY ran since we first pointed it out for the possible long setup. But it’s now getting to the point where the move seems overdone. As always, my opinion doesn’t mean SHIT! But I WILL be prepared to fade this if it starts to have some lower highs set in and gives me somewhere to have defined risk. Best case scenario is another day up extension to get it that even more extreme look. 130s would be AWESOME! But I’ll take what the market gives me.
SBUX the gift that keeps on givingEearnongs on the 27th. Bought 3 $126 calls for 8-6. I’ll sell two the day before earnings and let the last one ride. Ez $$ here. Fast food earnings is being rewarded massively all across the board
McDonalds +20% Upside Trade?MCD's has consolidated nicely right along its recent all time high set months ago at $231.91 and is doing so off of consecutive higher highs and higher lows on significant time frames.
On the monthly, we also see that McDonalds is putting in a bullish engulfing candle. There are still a few weeks left in the month, but with the price already being in blue sky territory, and very little bearish momentum in sight, there does not appear to be anything in its price chart to hold it back from running all the way to its first fib extension at around $297.88 roughly, based on a retracement from its previous all time high in October 2020, down to the swing low in March 2020.
From the time of writing this that would be a 25% gain approximately.
Stop loss just below $231.91 and $221.29 would be wise (just incase it wicks). Be very cautious with a close below $221.29 as there is plenty of room to fall swiftly if volume/bids fail to come in.
$SBUX Chart IdeaI charted this halfway through the day, but it looks like a possible start to the C&H formation.
$SBUX Possible pump Monday $SBUX
-Another easy play here watch for previous resistance break which will lead us to approach ATH
-ATH breaks always go big
-beware of possible rejection we can pull back down to the 9-day
-wait for an entry and analyze price action as market opens
SBUX - Getting ready for a squeezeSBUX finally broke through that major resistance @ 114.70 w/ volume. We have also entered time cycle one on the TTM Squeeze. We're in the 7/16 115C and up 45% @ close. SBUX still has a lot of momentum to test 117 area and possibly take out the high. I can see this happening within the next week or possibly early if the market keeps trending higher.
SBUX - At 100 EMASBUX - Is at 100 EMA & it usually bounces here, also at daily demand zone, watch for reversal for calls here
Can SBUX keep up with coffee demand facing shortages?SBUX 2HR TF
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ANALYSIS
Coffee is in high demand, but SBUX is facing inventory shortages (cups, syrups, oat milk) as it continues to reopen locations world-wide. SBUX is already making amends as the company is resuming it's reusable cup program and dropping its summer 2021 drink line up.... This past week SBUX showed some strength to reverse and retest ATHs, as it broke the current downtrend resistance (solid green trendline) and filled the gap at 112.54. Looking for a continuation this week with a slanted inv h&s setting up and an impulsive wave 3 forming as the breakout.
Targets: 113.70, 118.32, new highs
Key levels
Support: 112.14, 110.88, 108.90
Resistance: 113.73, 114.63, 116.12, 119
Ideas
1. Shares
2. Long (swing calls 2week+ out exp. ATM/ OTM)
SBUX Breakout Soon?SBUX is looking good and ready for breakout soon. Here's a couple things we need to look at:
1. Increasing volume as well as relative volume over 1 (currently at 0.68)
2. A break through of one of our targets listed below
3. Candle close above or below trendlines
Levels I am looking at:
Calls < 113.58
Puts > 109.69
Follow these guidelines and it will print!
$SBUX expansion slowing down a bitNeed some news or a fresh catalyst to get this thing going through $120s. Starbucks is a preposterously strong stock. Use appropriate size.
SBUX Long positionsubs technically looks good, Im in with stop just below the trend line.
ill Keep updating
SBUX back to ATH?$SBUX 4HR Chart
Overall Trending in a nice channel up and sitting near the bottom of the channel, watching for a breakout of the recent downtrend (orange line).
SBUX Analysis $SBUX | #Analysis | #StockMarket
Price Target 120.41 🎯
3 Bar Play ✅
Increasing Volume/Momentum ✅
Flagging on Lower Timeframes with Bump & Run Reversal ✅
Entry on Break of 113.18 with Confirmation ✅
Invalidated below 111.97 ❌
Long | SBUXNASDAQ:SBUX
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%,
TP ~ 110
CALLS for 21 May Strike 110$
SBUX Channel BounceSBUX is a retail play that is gaining strength - liking this play in the coming few weeks after saw this recent channel bounce. Eyeing the 108 level for a break out, 110 calls for next month are a relatively cheap play with great R:R.
SBUX - 11.08% Potential Profit - Bullish PennantHere we go again, trying to manage one of the most challenging markets ever. Definitely the most challenging since my trading career started.
Bullish Pennant following a 4-month correction interrupting a massive bull run.
I am being very selective lately and I only trade when I see very limited risk, with potentially great rewards. This is why I like this setup.
- Target Entry $113.24
- Target Stop Loss $111.99
- Target Exit $126.31
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
SBUX - Weekly - Coffee is getting cold.SBUX Bearish wedge and negative divergence on the weekly chart.
