Starbucks - Room For Growth
Starbucks has recently announce its earnings and management are optimistic that Q3 / Q4 Earnings will improve further
as economies around the World start to open up. Also the lines has been trending on the a strong resistance point multiple times.
29 Jul Fed will be announcing with regards to the 1 Trillion funding which is dovish in sentiments (once you jump start your car, you can stop it half way if not its futile!)
Also, most economies would not be able to afford a 2nd lockdown. Management also have changes concepts of accommodating to selling
their products and change of work hour timings to accommodate growth. Long Position for the the following.
Long Target Price 30 Oct - $114 - 18+% upside
Low Target Price 30 Oct - $67 - 9% downside
What Do You Think? Feel free to comment and debate!
as economies around the World start to open up. Also the lines has been trending on the a strong resistance point multiple times.
29 Jul Fed will be announcing with regards to the 1 Trillion funding which is dovish in sentiments (once you jump start your car, you can stop it half way if not its futile!)
Also, most economies would not be able to afford a 2nd lockdown. Management also have changes concepts of accommodating to selling
their products and change of work hour timings to accommodate growth. Long Position for the the following.
Long Target Price 30 Oct - $114 - 18+% upside
Low Target Price 30 Oct - $67 - 9% downside
What Do You Think? Feel free to comment and debate!
Nota
Also in trading below the 50 day moving average and closing trade is currently at $79 based on last trade on 28 Jul 2020Nota
pardon typo!its $92 for long target
and $71 for low target
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.