Furball_Machines

Starbucks - Room For Growth

شراء
Furball_Machines تم تحديثه   
NASDAQ:SBUX   Starbucks Corporation
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!
تعليق:
Also in trading below the 50 day moving average and closing trade is currently at $79 based on last trade on 28 Jul 2020
تعليق:
pardon typo!
its $92 for long target
and $71 for low target
إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.