SBUX (Starbucks coffee)

April 25th, 2013, 04:21 PM

Just watched this short q&a by Maria Bartolomo with the CEO of Starbucks (SBUX) which has earnings today.

Asked about lowering of prices in stores, the guy said due to excess inventory, SBUX is "responsibly" cutting the cost for the consumer. While smoothly dismissing the effect of the competition. And said SBUX is just "starting" to get on the global scene.

I thought almost 10 years ago was their height where they had a Starbucks shop in every corner, in every casino on the Vegas strip etc.

Well McDonalds has free internet in every shop now if someone needs it.

May 1st, 2013, 06:43 PM

I heard from an unreliable source that Starbucks has somewhat successfully expanded into India. There seems to be plans to open 30 more stores there.

How much would that effect their share prices?

February 2nd, 2015, 11:44 AM

SBUX long. gap/excess support. stop on close below 10ma

March 4th, 2015, 01:14 PM

SBUX add to long off 20day ma. stop on add with close below today's low. 89.65 avg

August 15th, 2015, 04:27 PM

Hello all,

Doing some OJT on support and resistance plotting in charts. This will probably be a simple question for most here.

SBUX - Right now I am looking at a 3+ month chart of SBUX. It has been in an uptrend for a while. Recently there was a pull back from 59.30 to around 55. It bounced off of the $55 point and has resumed a higher trend.

OK So I drew my uptrending support line, and then drew my horizontal resistance line at $59.30.

If I was looking at options, (and if I had saw this when it closed above my uptrending support line) should I be looking at a September option at the $60 strike? If I am calling $59.30 near term resistance, should I only look at options below what I am calling resistance?

When I first looked at the chart, I couldn't really find a defined resistance point during the uptrend, except for when it hit that $59.30 point 3 times. I am predicting another test of that point.

Is there anything else that Im missing? Im sure there is.

TIA

KSN

SBUX (Starbucks coffee)

Discussion in Stocks and ETFs

SBUX (Starbucks coffee)