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!
Catatan
Also in trading below the 50 day moving average and closing trade is currently at $79 based on last trade on 28 Jul 2020Catatan
pardon typo!its $92 for long target
and $71 for low target
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.