SBUX Stock Analysis: Why Starbucks Keeps Failing Breakouts When you look at a brand as ubiquitous as Starbucks (SBUX), it is easy to assume the stock must be a perennial winner. We see packed cafes and long drive-thru lines, and as traders, our instinct is to want a piece of that action. It feels
Starbucks (SBUX) Retesting Long-Term Trend-Line.
Cup and handle breakout on Mind Medicine Mindmed (MNMD) in play today. Starbucks (SBUX) long-term trend-line getting a test today. Nice ascending triangle in Truist Financial (TFC)following the base breakout in December. Nearing a secondary breakout here. Â
Coinbase Global (COIN) finally starting to break out of the declining channel from mid-July. Very little resistance overhead from here to continue to the climb. Imagine getting stopped out on a random 7% drop mid-day for no reason at all on Oracle (ORCL). No news that I can find anywhere. Starbucks (SBUX) breaking
AMD earnings report is out! Here's a technical analysis breakdown for what to expect from the stock going forward. https://youtu.be/kaPQULlJkFM I've also provided a breakdown on the SBUX earnings as well... https://youtu.be/ZX9d39gkyQM
The Trade Desk (TTD) attempting to break out of a year-long sideways channel. Watch Starbucks (SBUX)Â as it tests the underside of its broken trend-line. I expect some push back and if it holds could set up for the next leg lower. Apple (AAPL) breakout to new all-time highs. Lululemon Athletica (LULU) sharp rejection
Energy Sector (XLE) pullback to the rising trend-line from January '22. Watch for a potential bounce there. Watch for a retest of the rising trend-line for Squarespace (SQSP) Stiff declining resistance looms for Discretionary Sector (XLY) Heavy sell-off in Starbucks (SBUX) today, worth waiting for a pullback to its rising trend-line before I'd
Watch this resistance on $SHOP that is being tested.
$SBUX head and shoulders pattern turned bull flag breakout. Impressive move today.
$SBUX with a really good rally today post earnings. Now looking to test the declining trend-line.