I predicted todays jump to $114 and was off by less than 0.50 cents. I believe we are in the start of an uptrend as indicated by the black line, and $114 seems to be a safe price target for the week as we almost hit that today. If this is a strong week, we can expect SBUX to near $120 a share.
I will be following this closely and posting updates.
My current position: 5 contracts ( calls ) @ 0.20 a contract with a strike price of $114 by Friday October 15th.
Unfortunately I did not get in for todays jump as my limit strike price was not met, off by one cent ( very frustrating )
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