Starbucks shares are about to heat up on earnings this week: Technical analyst

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Starbucks shares are heating up, and one top technical analyst is betting the stock is gearing up for an even bigger rally when it reports earnings later this week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

i am concerned about china sales and guidence. will sell half position before earning tomorrow.

Love CBW but earnings are a crapshoot - even for him.

OptionsAction CBW supported his bullish outlook with a variety of indicators. But if you’re looking at the tension wedge alone, how do you pick a direction for the resolution?

As long as they heat up my mocha I'll be happy

Nope... Major drop in China sales

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Netflix is rallying back in premarket as Wall Street analysts defend stock after mixed earningsDespite a mixed quarter, many analysts raised price targets and remain bullish on international growth
Source: CNBC - 🏆 12. / 72 Read more »

Most major Wall Street analysts raise Netflix stock price forecasts despite drop after earningsDespite a mixed quarter, many analysts raised price targets and remain bullish on international growth File under clueless What a surprise. Not going to work. Price = Demand.
Source: CNBC - 🏆 12. / 72 Read more »

Big expectations for Netflix earnings after the bell — here's what major analysts are predictingJust days after raising prices, Netflix reports earnings after the bell and Wall Street is raising its expectations into the release.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks end higher, propelled by strong bank earnings as Goldman shares jump
Source: MarketWatch - 🏆 3. / 97 Read more »

Atlassian shares skyrocket after earnings and revenue top estimatesAtlassian finished off 2018 strong as it beat estimates and posted guidance that met or exceeded expectations ***Checkout our Podcast!*** 👇🏾👇🏾👇🏾👇🏾👇🏾
Source: CNBC - 🏆 12. / 72 Read more »

Cramer's game plan: This week, forecasts are more important than earningsJim Cramer looks ahead at a busy week of earnings reports that he says might drive investors crazy. Always wrong but never in doubt. Earnings don't matter anymore? 😂
Source: CNBC - 🏆 12. / 72 Read more »

One week in, here's what we've learned from earnings seasonProfit reports have been surprisingly strong compared to analyst expectations. Or at least they aren't as bad as feared. Time for more rocket ship rally.
Source: CNBC - 🏆 12. / 72 Read more »

In the busiest week for bank earnings, watch out for this one key levelEarnings beat or miss, there could be one key level in the financials space to determine whether a big bank breakout is ahead.
Source: CNBC - 🏆 12. / 72 Read more »

Goldman is surging more than 8% after earnings — Here's what major analysts say to do from hereAnalysts agreed Goldman Sachs had a big quarter due to strong investment banking revenue and little fallout from the 1MDB scandal. Since Goldman has always run the White House, could it get Trump to end the shutdown? Oh wait. Nevermind.
Source: CNBC - 🏆 12. / 72 Read more »