SBUX trade ideas
12 Years of BearFlix- Expanding symmetrical into a Fifth-wave Truncception.
- Hence, simple Bull exhaustion, instead of a climax for this bubble to bleed out over the next 12 years.
Fundamentals:
Streaming services as a concept are great; however, Netflix itself has grown corrupted by the poisoned fruits of Cultural Marxism.
- First and foremost, the firing of Kevin Spacey
- Collaborating with far left, ''explanatory news'', media Vox.
- An utterly annoying progressive bias when it comes to comedians.
- Shows in Finish, German, Spanish, and Turkish without proper voice sync, all in the name of diversity.
- Supergirl?
- Choosing actors based on diversity rather than competence.
- Deplatforming of anything deemed patriarchal by 15-year-olds.
- Brainwashing those same (our) children with unscientific, ideology driven documentaries such as ''Explained'', and ''What the Health''
- Total content deprivation
- Zero profit orientation, stock prices will take care of that.. right?
- Remaking stories with cultural value, and deep meaning, to have neither.
- I want in on the Dip
SBUX: mid term bear market preparationThis stable movement should continue. Their sheer size should be able to sustain but I doubt growth will be possible, as the consumer will do less during times of tighter budgeting (again assuming 8 - 14 months of overall bearish movement) .
Stable above 42.07 as the lowest point I expect should / could test inside the next 10 months, below this point would be very bad for the chart and could stunt it's 5 - 10 year development without a catalyst.
I am more confident with this above 57.6
SBUX: Shift of Sentiment Pattern Leads Gap Up to PlatformSBUX has now confirmed the gap gains by holding well above the trading range highs. This provides very strong support for the stock to continue moving upward. This daily chart of the stock shows a Shift of Sentiment™ Pattern with the Accumulation/Distribution indicator. The shifting pattern begins with the common gap down by HFTs in June and then the VWAP automated selling by the smaller funds to the final low. Then, the stock moves in a typical Dark Pool Pattern out of the low. Pro traders and HFTs gap the stock up in November on earnings news. Another platform is developing now above that gap which establishes more support at this level.
Starbucks; getting Luke warm at best...SBUX ; we enjoyed the long above 65.26 and anticipated heavy resistance into the 68 area... but with the market pulling back profit was taken on our calls and puts were loaded. Below 65.26 we have room to gap downwards. Careful bulls, we want 59.71 to prove itself on the pullback and below this point 57.6
SBUX Distribution Trading RangeSBUX looks poised for a massive drop as it sits atop what appears to an Upthrust After Distribution (UTAD). Typically UTADs are caused by short squeezing early bears. In our case, the UTAD was caused by a failed H/S pattern that initially broke downwards (to lure in the bears), and then quickly returned to the top of the Trading Range to then short squeeze the market. I am looking for a short position here and using a potential daily BBands M top setup to time my entry. This is a multi-year Trading Range so this thing is likely going to be a great source of action in the coming months.
If you like this type of analysis and are interested in learning more about my charting style/analysis, check out my trading community at www.bitcoinschmitcoin.com
1 indicator to beat SBUXit's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot appears you buy, if a green dot appears after that green dot you hold your investment.
if a red dot appears you sell your position. easy as that.
shorter time frames will be choppy.
larger time frames will be smooth.
