Fundamentals Pros: Solid Financial Performance: Starbucks boasts a market cap of $105 billion and an enterprise value of $140 billion, supported by a net income of $4.1 billion in 2022 and free cash flow of $3.2 billion. These figures highlight the company's profitability and cash-generating capabilities. Strong Growth Potential: With revenue more than...
Reason for long a) Good engulfing candle b) Good volume c) any further downward movement with upward surge is long d) SL compulsory
SBUX Long Trading Plan EP: 106.43 SL: 103.90 TP: 116.33 RR: 4.08
Starbucks stock price now strong level of support zone go long
I know this move down on the earnings report might seem overdone, but you have to remember where that Consumer Discretionary ETF ($XLY) is trading. If that sector is about to roll over and fall back to support, a name like this is very likely to have some more downside. I think any push back to high 108s/low 109s offers a pretty good area to look for lower highs...
Date: 2021-08-30 11:20AM $115.60 Entry: $115.60 Stop: $112.60 Loss: 3 Target: 122.60 Gain: 7 IV: 0.166 HV: 0.226 Beta: 0.88 Call 2023-Jan-20 $115 for $13.70 IV: 0.2467 Delta: 0.5628
#Starbucks Corp Looking to buy above 86.42 stop 85.