[2:05PM] Elliott Wave Update For Top 4 Food Stocks: $BWLD $PNRA $CMG $SBUX

BWLD – To setup a W1-W2-W3 move, BWLD would need to take out at least 143 this week at 786 breakout..a break of this move would setup the low 150’s.

PNRA – PNRA could be in a W5 to 200 right where it is now, or a Wave 3 which would target the 204-206 range.

CMG – [ms-protect-content id=”61,117,1559″] If CMG can break 417 it would setup a W3 to as high as 435 or a W5 to 420-422

SBUX – 55-56 would be the 1.618 W3 target if SBUX can close at the highs today.