SBUX for swing trading and long term

[Lloyd W. Coutee]

$SBUX calling all bears, calling all bears, we have a stock looking to breakout.. Can we send a few cars over. Last seen speeding into china

 

[hajimow]

As much as I am bullish on SBUX however I trade defensively. I have sold weekly covered call 55 on my shares and I halve also solve naked 52.5 weekly PUT.

 

[hajimow]

The chance that rates might go up in December or the next 4 months is zero now.

 

[Lloyd W. Coutee]

I've been helping with my triple shot PSLs and Chestnut Pralines.

 

[hajimow]

Tomorrow 11/15/2016 is SBUX ex dividend date. Today is the last day that if you buy the shares, you will get 0.25 dividend.

 

[hajimow]

Updated SBUX chart

 

[hajimow]

Expect SBUX to temporarily stall or pull back a little from here (55.90)

 

[Lloyd W. Coutee]

$SBUX - monthly LT chart with more tan +2.000% from 2009. Since ATH correction with a bearish MACD ...

 

[hajimow]

I sold all my holdings on SBUX today with a nice profit. I feel SBUX and market is toppy.

 

[Jamie J.]

Enough time has passed. And here we are, SBUX almost breaks $60.