To The Moon

Starbucks (SBUX) Is Entering In A Expanded Flat StructureJune 11, 2023 By EWFLuisStarbucks Corporation (SBUX) is an American multinational chain of coffeehouses and roastery reserves. It is the world’s largest coffeehouse chain. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of which were located in the United States. Out of Starbucks’ U.S.-based stores, over 8,900 are company-operated, while the remainder are licensed.SBUX completed a cycle from March 2020 low in July 2021 peak and we labeled as wave I. Then we could see a double correction ((W)), ((X)) and ((Y)). A clear 7 swing correction to complete wave II in May 2022. From here, we were calling a beginning of a new rally in the stock.Starbucks (SBUX) Elliott Wave Analysis – De

$XPeng Inc.(XPEV)$ Another prediction for this week. This time is the analysis for one of the EV companies. This bearish prediction is more towards short erm. Let's look at its chart (kindly refer to attachment), specially for the last two candles as highlighted by the orange arrow. We can notice an obvious shooting star candlestick pattern. It appears two days in a straight, which signify a potential trend reversal. How to identify a shooting star? # Made up of a candle with small lower body # Came with a long upper wick that is at least two times the size of the lower body. # Appear in an uptrend Below are the key takeaways: - Shooting star occurs after an advance and indicates the price could st

Cpi ⬇️⬇️⬇️📈📈stocks up i except cpi to fall Hey there, finance enthusiasts! Today, we're diving into the exciting world of the stock market and how the recent decrease in the Consumer Price Index (CPI) can have a positive impact on the market. So, grab your calculators and let's break it down! On Tuesday, the U.S. Labor Department's consumer price index reading is expected to show a slight cooling of inflation in May, although core prices are likely to have remained elevated. This news coincides with the first day of the Federal Reserve's meeting, where traders anticipate the central bank to hold interest rates at the 5%-5.25% range. Additionally, there's a 53% chance of a 25-basis-point increase in rates in July, according to the CME Fedwatch tool. Now, you might be wondering,

Euphoric exuberance all around The markets have been in a very buoyant mood lately. And calm despite the macroeconomics. That just makes me more cautious. Despite overbought levels and market worries as well as bearish sentiments, the market keeps driving up. Now, sentiments have turned bullish and many are saying the markets have entered a new bull market. Really? I beg to differ. In fact, the markets have all the hallmarks of a top. 1. Narrow breadth. Only 6 or 7 megacaps lead the market. This must be one of the thinnest 'bull market' ever! 2. The equal weight broad market market index is trending down. The divergence from the normal broad market index cannot be understated. 3. The market have never bottomed so way ahead of the Fed's final rate hike. And they may not be even done yet!