SBUX - Starbucks

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Stockaholic, Mar 31, 2016.

  1. leonx81

    leonx81 Well-Known Member

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  2. StockJock-e

    StockJock-e Brew Master
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  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Those boycotters are idiots. But SBUX on the other hand, seems all too eager to jump to supporters of liberal politics. Funny action from Schultz, who is stepping down but not wanting to do it quietly.
    I guess I understand that he would be more interested in his legacy now, than increasing business.
     
  4. blypelako

    blypelako Active Member

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    But how can they drink coffee that was touched by an unclean hand of a refugee?
     
  5. fidelgeorge

    fidelgeorge Well-Known Member

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    Shares of Starbucks ($SBUX) saw some pre-market strength after Deutsche Bank upgraded its rating on the company’s stock to Buy from Hold.
     
  6. Jack Levy

    Jack Levy Well-Known Member

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    I swear, this stock is super f'ing annoying. Awesome chart initially, but I get scolded for holding for more than one day? So dumb
     
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  7. blypelako

    blypelako Active Member

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  8. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Bought 16 SBUX AUG 18 2017 62.50 C @ .20 this morning. I think the 200MA & trendline call for a bounce here
     
  9. T0rm3nted

    T0rm3nted Moderator
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    Might be a good call, love trying out the bounces off MA's and this level has acted as support and resistance a few times over the past 9-12 months

    upload_2017-7-8_18-10-46.png
     
  10. StockJock-e

    StockJock-e Brew Master
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    $54 support?
     
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  11. OldFart

    OldFart Well-Known Member

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  12. StockJock-e

    StockJock-e Brew Master
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  13. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Looking for it around there. This might an interesting one for Wyckoff theory (@Onepoint272 , @Jrich ). I'm thinking this is a re-accumulation range, but the backup (BU) to 20-week moving average failed, so time for re-re-accumulation.

    Weekly chart (20-week ma in purple):
    [​IMG]

    Also resting right on this old uptrend line
    [​IMG]
     
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  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I don't go to Starbucks anymore, too many mom and pop coffee shops that I can get drinks for cheaper prices and similar if not better quality :p
     
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  15. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    You probably also recognize that this past week could have been a Sign of Weakness (SOW). The action had wide price range, a low-end close, and exceptional volume and it occurred in the right-hand side of the trading range. On the other hand, much of the trading in this range occurred below Preliminary Supply (PSY) making me tend to agree that it may be re-accumulation. I guess we wait and see the follow-thru and see if the reaction back up is on decreasing volume.

    What you labeled as a back-up to the 20MA is a good observation...but what I like better is that it backed up into the axis line established when preliminary supply came into the market. That line is where I'd expect supply to come in on a failure to cross above it, and supply did come in.

    Something else: That PSY went down into the infamous August 24, 2015 low. That's a sore thumb that wants to get thumped again, just like it is on the Ford chart. It's gonna get tested.

    Weekly:
    upload_2017-7-28_23-46-53.png
     
    #55 Onepoint272, Jul 29, 2017
    Last edited: Jul 29, 2017
  16. OldFart

    OldFart Well-Known Member

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    No Sir
    Ordered some SPY calls on Thursday and got burned on Friday...lol

    Long shot but I had to take the risk. Friday's have usually been bullish lately but I didn't figure in all the ER's
     
  17. StockJock-e

    StockJock-e Brew Master
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    Starbucks is shuttering all 379 Teavana stores, most by next spring.

    Adam Levy
    (TMFnCaffeine)
    Jul 30, 2017 at 8:16AM
    The death of the American shopping mall just took another victim. Starbucks (NASDAQ:SBUX) announced with its third-quarter earnings results that it will close all 379 Teavana locations over the next year. Starbucks bought Teavana in 2012 for $620 million, and modestly expanded its store count over the last five years. But as mall traffic falls and Starbucks struggles to live up to expectations for comparable-store sales, it's cutting some of the fat.
     
  18. EcoWOLFrb

    EcoWOLFrb New Member

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    I'm in on this, hopefully a quick 5-8% profit.
     
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  19. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Yeah in this chart I like that axis line.
     
  20. Jack Levy

    Jack Levy Well-Known Member

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    I'm worried that the inability to break through 57 while markets are at ATHs makes me feel like this goes lower on any market weakness
     

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