11.07.16 Elliott Wave Updates For Top Food Stocks: $BWLD $PNRA $CMG $SBUX

BWLD – BWLD is past 382 retrace and onto a 618 retrace..highest target could be 160 on that full formation.

PNRA – Struggling to bottom, but it held support at the previous Wave 3 low but needs to take out at least 200 to confirm it.

CMG – [ms-protect-content id=”61,117,1559″]CMG has retraced more than 382 and could fill the gap at a 618 retrace back to as high as 400-405

SBUX – SBUX dropped right near my 50 target in a zigzag bottom and reversed..highest target on a 618 reversal could be 56-56.5 [/ms-protect-content]