Friday, January 24, 2014

Starbucks - Five wave decline in place.


Please see my post from January 13 here first.

We have a five wave decline from the 82.49 high and I will be looking for a correction back to the 61.8% correctiv target at 78.34 as wave b before wave c lower takes over.
Short term a break above 76.32 confirms that we have ended wave a at 71.71.

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