SBUX - Gameplan
after a nice move yesterday following an upgrade by jpm SBUX looks good to attack the highs again
background: stock trended higher for a year until august 19. since then price had a correction bottoming at around 80$.
price created a nice round bottom and now breaking to the upside on good news and market momentum.
game plan
buying on a break above yesterday highs 88.9
adding if retest 88.7
stop at close below 83.8
or
buying on support of 86.7
adding at 83.8
stop at close below 80.65
selling into resistance levels
target at 96.75
background: stock trended higher for a year until august 19. since then price had a correction bottoming at around 80$.
price created a nice round bottom and now breaking to the upside on good news and market momentum.
game plan
buying on a break above yesterday highs 88.9
adding if retest 88.7
stop at close below 83.8
or
buying on support of 86.7
adding at 83.8
stop at close below 80.65
selling into resistance levels
target at 96.75
Nota
reached 1st resistance sold 3rd position
stop at 86.73
Aviso legal
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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.