SBUX, TSLA update 05/30

SBUX: keeps making new ATHs: thus now in minor 3 of intermediate-v of major 3. Ideal target $66-$68. Chart looks very bullish with price above 5d to 200d SMA, bollinger bands expanding while price is at the upper band: has strength. Nicely overbougth, all TIs pointing up. Bullish.

sbux daily


TSLA: reached first upside target of $335 for possible intermediate-iii top. But daily chart looks too bullish with no divergences to suggest all of iii is in. Insted, all TIs are pointing up, price is at the upper Bollinger Band, and these Bands are starting to expand: price has strength.  All TIs are pointing up, and $355 and possible higher looks more likely then not.