Looking at the weekly chart of Starbucks (NASDAQ: SBUX), a good buy level for a swing trade is coming up at roughly $50. There are at least FIVE factors aligning at this level increasing the odds of a bounce here. A couple to note are the 3rd hit of an up-sloping trend line and a 0.618 fib retrace.

$SBUX action today is very weak. It can’t catch a bid with the markets up, so it may hit the $50 level sooner than later. Be ready!    

Tesla Motors Inc (NASDAQ:TSLA) has had problems of late. Between auto pilot deaths, an attempted Solar City aquisition and Elon Musk's SpaceX explosion, the stock has been hammered. A drop in stock price yields opportunity. There is major support on the stock at $150.00 based on the trend line that forms the bottom of the triangle pattern. Look for this target to be hit in September, and be ready to buy.

Alibaba Group Holding Ltd (NYSE:BABA) has a 52 week low of $57.20 and just last week made a 52 week high at $104.30. This is nearly a 100% move for the year. Sound fantastic right? Not so much when you see the weekly chart. Institutional investors and traders brought this to my attention when they noted the bearish mega signal, telling me $BABA is likely made its high for all of 2016. They are accumulating large short positions after today's bounce, looking for a price target of $85.00. The current price as per the close is $100.80.

Last week, Micron Technology (NASDAQ: MU) formed a strong bearish signal on the weekly chart called a topping tail. Today, price traded back up into the topping tail taking out nearly 50% of it. This makes for a real easy swing trading opportunity. A good entry price would be at today's close of $17.15 or a tad higher up to $17.40 where there is some substantial resistance on the hourly chart. Your stop would be any weekly close above the topping tail high of $17.86. Lastly, a good target would be about $15 where the 50 day moving average is rising up to meet a small gap fill.