Plotting SBUX potential fall. Rejected from 2017 and 2018 TL. Fallen from June low Channel. Expect a test of R at 56ish, possibly higher up to the bottom of channel.
Maybe I'll buy a 52.50 put for $1. I'm actually thinking of buying a 52.50 - 57.50 strangle for under $2 in case it bounces in the next day or 2 before continuing down. 10/11/18