I don't play SBUX often but frankly is setting up quite well here; Big falling wedge on the daily timeframe and also sitting on its 200 days moving average, Bollinger bands are squeezing on the 4-hour timeframe as well, some slight bullish hidden divergence on the RSI.
Important to note SBUX has earnings coming up on 10/18' - Technicals all bullish and will be looking for a breakout (Broader Markets & Earnings Permitting) - Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones
- Falling Wedge on the daily timeframe
- Bollinger bands squeezing on the 4-hour timeframe (Not Pictured)
- Sitting on its 200 day EMA & SMA as well (SMA Not Pictured)
- Slight bullish divergence on the RSI
- Buyers stepping in
PT1- $114.40
PT2- $115.64
PT3- $116.82 + Breakout
Important to note SBUX has earnings coming up on 10/18' - Technicals all bullish and will be looking for a breakout (Broader Markets & Earnings Permitting) - Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones
- Falling Wedge on the daily timeframe
- Bollinger bands squeezing on the 4-hour timeframe (Not Pictured)
- Sitting on its 200 day EMA & SMA as well (SMA Not Pictured)
- Slight bullish divergence on the RSI
- Buyers stepping in
PT1- $114.40
PT2- $115.64
PT3- $116.82 + Breakout
הערה
PT1 Reached ✅
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.