Chart to Watch - SBUX

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Starbucks Corporation (SBUX).

I hope you are having a GREAT week !

This week let's take a look at SBUX as big things are going on for that stock.

SBUX has put in a weekly and monthly MarketClub green Trade Triangle which means all systems are GO for higher prices as of right now.

SBUX announced it is planning 1500 new stores in the U.S., and is also planning to remodel older stores. Continue reading "Chart to Watch - SBUX"

Howard Schultz from Starbucks has it right, and so do the Trade Triangles

I am not sure how this works, but four days ago our Trade Triangles gave a sell signal for Starbucks. Yesterday, Howard Schultz, who is the chairman and CEO of Starbucks mentioned in his company's conference call with some less than stellar guidance for the future. This was enough to tank Starbucks stock in after hours trading. Check out your MarketClub chart on Starbucks and put in the monthly Trade Triangles and tell us what you think.

Have a great trading day.

Adam

Chart To Watch

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Starbucks (SBUX)

Last week we were looking at the possibility that SBUX may have been making a double bottom. Continue reading "Chart To Watch"

Chart To Watch

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Starbucks (SBUX)

SBUX made a strong move into the last high made on 04/16/12.

The move down off the high looks to be a counter trend correction as the MarketClub monthly Trade Triangle has stayed on a buy signal. Continue reading "Chart To Watch"

Is the star in Starbucks fading?

I recently took the time to analyze one of the most popular and iconic brands on the American scene. I am of course talking about Starbucks.

After getting beaten down in 2008, Starbucks has made a remarkable recovery. However, that recovery looks to be in jeopardy based on our "Trade Triangle" technology and the findings of a 14th century dead mathematician.

In this short video, I go into an in-depth analysis of what is happening right now at Starbucks. With the help of our "Trade Triangles," I point out some very fragile points in this stock.

As always our videos are free to watch and there is no need to register. If you'd like to make a comment on this or any of our previous videos, please feel free to comment on our Trader's Blog.

All the best,
Adam Hewison
President of INO.com
Co-Founder of MarketClub