10/27/16 Elliott Wave Update For Top 4 Food Stocks: $PNRA $BWLD $CMG $SBUX

PNRA – PNRA completely faded an earnings gap up and could touch as low as 180 on a full 5th wave down.

BWLD – BWLD completed 5 waves down and is gapping up on earnings…it could get a full 618 retrace to the 157-160 range after completing 5 down.

CMG – [ms-protect-content id=”61,117,1559″] Downward 3 from hell would target 350-355 after horrible earnings report.

SBUX – a full ABC zigzag would target the 48-50 range..needs an upward 4 bad
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