SBUX is now bouncing of a potential support zone - weekly
The weekly timeframe shows, that the price of this stock is bouncing of a support zone. It forms from previous bounces from this zone as shown in the chart. Besides that, we have a bullish engulfing candle last week.
So there is a potential buy opportunity with a 2:1 Risk-Reward-Ratio to the upside.
Enter: 101,87
StopLoss: 95,38
TakeProfit: 113,9
have a great week!
Best regards
Tradinguny
FYI: No financial advice or consulting. It is only my view on the stock and is for entertainment and education purposes only!
So there is a potential buy opportunity with a 2:1 Risk-Reward-Ratio to the upside.
Enter: 101,87
StopLoss: 95,38
TakeProfit: 113,9
have a great week!
Best regards
Tradinguny
FYI: No financial advice or consulting. It is only my view on the stock and is for entertainment and education purposes only!
Tradinguny
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.