SBUX (Starbucks Corp) exceed the suggested stop of any move above 55.62 on Nov 17th for a 4% loss & will now be reassigned to the Completed Trade category along with all associated posts for this trade to be archived indefinitely for future reference. Original & updated daily charts:
The following video provides an update on all of the recent official short trade ideas on Right Side Of The Chart, including all Active Short Trades as well as a few that had recently hit one or more profit targets or exceeded their maximum suggested stop. The following trade ideas are covered in this order: ATVI, AVGO, ISRG, IWM, MO, NVDA, QQQ, SBUX, SMH/SOXL, TSM, WB, WFC & YHOO.
This video provides an overview of the Active Short Trade Ideas currently listed on Right Side Of The Chart along with a brief overview of the broad markets as well as a few of the unofficial short trade ideas that stand out. The following stocks/ETFs are covered (although not in this order) SPY, QQQ, ATVI, AVGO, ISRG, MO, SBUX, SMH, SOXL, SOXX, UEIC, WB, YHOO, MDT, ABT, BSX, ZBH, & EW
The following notes & charts outline the entry criteria, price target & suggested stop for a swing trade in SBUX, Starbucks Corporation.
Outlook for the US stock market via the leading index tracking ETFs as well as the top components of the Nasdaq 100.
The SBUX (Starbucks Corp) short trade has hit the second target (T2 at 70.35) for a 12.7% gain. That target was actually hit yesterday although the stock is currently trading below that level at 70.27, still allowing for an even more favorable exit to the trade. As this was the final target, consider booking full profits as this trade will now be considered completed.
SBUX First Target Hit The SBUX (Starbucks Corp) short trade has now hit & exceeded the first profit target of 74.79 has been hit and exceeded, opening the door for a move down to T2 at 70.35. Note: T1 was incorrectly listed as 71.49 on the previous chart although the horizontal line was placed correctly. Click here to view the live chart of SBUX.