Bros!very nice looking chart here. The price action looks like it's a bit exhausted so i'm looking for a pullback / consolidation to the green horizonal before going higher. Long term the yellow horizontal is in play ($70). This is a good candidate to DCA in between grn/red horizontals. Longby Mausty3
BROS - Bro we are taking some ProfitsBack in August we added some BROS to our portfolio and now we are looking at a wonderful 50% profit. Will likely be taking some profits tomorrow. Lots of our stocks are in full rally mode so want to start looking at taking some profits here. Longby goldbug1222
Long BROS @39.47 (oversold)Just went long bc I missed it at the close yesterday. Oversold and will hold each lot until overbought and profitable, adding lots as long as it's oversold. Record over the last 12 months for indicator and exit strategy on BROS: 40-0 Avg gain = 5.8% Median gain = 4.2% Range = +0.1% to 18.2% Cumulative 12M gain on equal dollar amount trades: 232% A weird one to trade. 12 of the wins gained less than 1% and 11 were over 10%. Last 7 trades were all +10% or more. This one can have very long losing streaks, though. Held as many as 17 lots at once before closing bc of a long downtrend. It's a great reminder to use position sizes that keep you from running out of capital before the stock runs out of downward momentum. This one gives trading opportunities really often, too. 40 in 12 months is a LOT, though that's partly bc of two really long losing streaks. Will update any adds or closing of positions.Longby redwingcoachUpdated 440
Dutch Bros (BROS) Analysis Drive-Thru Coffee Experience: Dutch Bros NYSE:BROS operates drive-thru coffee shops in the U.S., offering bold beverages and emphasizing friendly service and a fun atmosphere. During inflationary periods, Dutch Bros' cheaper prices compared to Starbucks attract cost-conscious consumers. Leadership and Growth Potential: The new CEO, Christine Barone, with her extensive experience at Starbucks, is expected to drive the next growth phase for the company. Her leadership is anticipated to enhance operational efficiency and expand Dutch Bros' market presence. Investment Outlook: Bullish Outlook: We are bullish on BROS above the $37.00-$38.00 range. Upside Potential: With an upside target set at $55.00-$56.00, investors should consider Dutch Bros' competitive pricing and strategic leadership as key drivers for future stock appreciation. 📊☕ Monitor Dutch Bros for promising investment opportunities! #BROS #CoffeeMarket 📈🔍Longby Richtv_official2
$BROS Short-Term RejectionIt appears that NYSE:BROS is rejecting at a previous point of rejection historically for the stock. I expect it to remain in the FWB:30S for the short-term. Shortby KuomingtangCapital2
Dutch BrosDutch Bros witnessed a rebound after testing the uptrend line at 37.65, violating the resistance level 39.30, and remaining above this level, will push the stock to test the last peak at 40.75, which is he level that needs to be violated to confirm the current uptrend, which will trigger further rises near 41.44 - 43.50 - 45.85 - 49 - 54.20. The stop loss lies below 37.65. The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.Longby Gehad_AbouelelaUpdated 118
Not So Little Brother ? NYSE:BROS +3.85%on 05/06/24 is a powerful contender for Starbucks customers. Living in southern California, I've started seeing DutchBros popping up around town (are they any good?). One thing for sure they've gotten right is their amplified focus on delivering the best customer experience. One thing that the NASDAQ:SBUX Starbucks former CEO Howard Schultz asked his former company to refocus on. It's so good that Tiktokers started making videos poking fun at the friendly nature of the Dutchbros employees. With all of that being said, it's working for them and very well. They've opened 159 new shops in 2023, and according to Placer.AI, "While the growth of Starbucks' foot traffic has been shrinking since last year, Dutch Bros' growth in traffic has been accelerating." also, Earnest Analytics reports, Dutch Bros. accounted for 6% of U.S. consumer spending on coffee and other premium drinks. Up from 4% at the end of 2020. Last year's revenue was up about 31% This is my Strategy: Using Bollinger Bands and Fibonacci Retracement, we see increased trade volume and volatility as the price rises above the SMA and towards the upper band. The price is currently $28.34. We can expect it to reach a price target of $31.16 (test strategy here) before retracement or reversal, as the shares may be near overbought status. This will give us a $2.82 profit per share. If sold Enter at price targets: $27.33 (low) and $29.92 (max) Hold for the price to cross $32.90 for uptrend confirmation. (FYI, analyst target maintains $33.00/share) It is one of my favorite stocks, and I'll watch its performance closely this year.Longby eakosah1
Dutch Bros. Hidden Gem Market getting crushed all the way around today and this is still green Great sign for this name as the daily as well as the weekly chart seem to be setting up for higher prices idk anyone talking about this name, which is a good thing. Ive noticed the more attention a set up gets, the less likely it seems to play out for whatever reason this is getting added to the watchlist and at these levels its a great value. even calls for 35 or 40 with a few months till exp could be deep value as well. dont sleep on this name Longby MindsetTrad3rUpdated 0
BROS LongDutch Brothers is warranting some attention here, significantly discounted from its IPO price, BROS has continued to open over 100 new stores annually, reaching into new territories and rolling out features that other coffee stands and brands are not utilizing. People seem to really love their brand, the quality and the taste of their drinks, and the service they get at the window. Healthy profit margins and growth Y/Y. Management has an end-goal of 4,000 locations, liking what I see. Longby AcitsilosUpdated 113
Long term upsideDont know much about this name but this chart is very attractive. looking at a long term swing or even leap play. this chart could easily break over 30 and see 35 again. not a lot of action above those levels so could see it really take off in the future. daily looks just as good Longby MindsetTrad3r0
Dutch Bros Channel on the move up.In my opinion it looks like we are nearing support for a little move up within the support and resistance, I am thinking we are likely to see a bounce up to $30, and looks like it shouldn't drop below $25.00. Only time will tell.Longby seanchassardUpdated 113
$Bros the ultimate Bros coffee... Long/Call Earnings this week is going to beat estimates. Can it close the gap? We'll see... but I'm expecting a banger move upwards if they do beat their estimates. Short term bull, long term bear for the summer. Longby GoldenCrowleyUpdated 2
$BROS - Yeah... noYeah... so they added this stock to the GME/Meme basket yesterday... I checked and apparently it's another stock that has EARNINGS tomorrow!! What a surprise... adding a weak earnings stock to a meme basket only for earnings so that when earnings comes out and BROS hits the gutter, so do all other basket stocks. TLDR: Get Puts 11-25 days out. Easiest money you ever made.Shortby leenixusuUpdated 223
BROS trying to breakout👀previous resistance zone trying to be new support/holding some local trend support bounce here and break of 39.23 leads to bullish impulse, break of 37.08 and we see a big flush to the downside. boost and follow for more :) thanks <3Longby Vibranium_Capital8
$BROS: Nice long setup$BROS is a small growth company we have been following at the Key Hidden Levels chatroom for a while. The trade here has well defined risk and potential reward as well as decent odds (around 65% odds of working). We have some event risk with FOMC between the 31st and 1st of February next week, so be mindful of that, might pay off to hedge with futures before it if you carry long stock exposure. Best of luck! Cheers, Ivan Labrie.Longby IvanLabrieUpdated 4
BROS - Dutch Bros Inc.One of the longer-term plays I am watching. IPO'd back in 2021, they don't have much in the way of current earnings, but analyst estimates are expecting big growth over the next couple of years. Starting to inch its way up the right side of a possible stage 1 base on good volume. Don't need to rush into buying this one - need to let it show me that it is in fact ready to go. As of now, it's still in a downtrend regardless of the constructive action since the start of the year.Longby apaqu1
$BROS Not a great outlook next 6 monthsTrending down, looks weak and will possibly retest lowsShortby KuomingtangCapital1
$BROS Good example of resistance and supply price actionAfter plunging below 25 Bros has made a nice run up to 42 with a high of 44.8 But notice the wick of today's candle, as price entered the over head supply (as evidenced by the volume profile) sellers overwhelmed the buyers and the stock closed 2$ down. IF YOU'RE A SCALPER OR DAY TRADER , THIS IS THE TYPE OF SETUP TO LOOK FOR A QUICK SHORT - Initial price tests of heavy supply Swing traders may want to see how price reacts now - further downside or continuous tests of the supply zone. Note, every time price reaches above and tests supply , the resistance becomes weaker. $38.5 should hold as some support now, and price may bounce around here before testing the highs againby FriscoTrades0
BROS, Beautiful short setup ! BROS is offering a low risk short setup ! We previously discussed BROS in terms of Elliott waves and made a nice profit form latest major down going wave (See related idea ) . Here we are going to investigate the stock in terms of Price Action. After major decline and gap down after disappointing earning , BROS made a nice pull back to broken strong support . This former support played it's role as strong resistance and pushed the stock back down. After finding a new support BROS tried to go up but faced another strong static resistance which beautifully coincides with 0.618 Retracement level of last minor decline. At the resistance , we have two doji candles and today we have strong bearish candle which is our confirmation candle . Moreover, Hourly up trend line is now broken by the power of this strong bearish candle. In addition, Stochastic indicator made a bearish reversal in overbought zone which is another bearish sign. In despite of all these bearish signals, trade may not proceed in our side therefore, setting stop loss is necessary. All the trade information are presented in the chart. I Hope you enjoy this trade set up and wish all huge profits. Shortby SaeedSajedi448
Dutch bros round 2Hello friends. Jim Cramer has done nothing but give perfect calls on Dutch Bros stock, and he might be about to give out another one. If we can see any sort of Jim Cramer bullish tweet on Dutch Bros within the next month, it will be time to load up on some puts expiring a few months later at deep OTM strike price. This trade will not be taken unless we see Cramer getting bullish again. Thanks for playing.Shortby bowtrix1
support acting as resistance for now ⛏need to wait for a confirmation move before taking any positions here, watching for longs above 43.92, shorts below 35.62Longby Vibranium_Capital3317
$BROS gap fill resistanceGap from the selloff has been filled. Long-term, no idea what'll happen, but this is a good take-profit level for those who caught the bottom at $20. "Coincidentally" this is also where those people are up 100%.Shortby OverexposedPhotoOfADress0