SBUX finally managed to reach the equal legs 62.5-64.5 area from November low ending a zigzag structure ( 5-3-5 ) which can turn into an impulsive move and extend higher toward 67.95. So currently 3 waves pullback can be seen and depending on the speed & structure of the correction we'll know if it's only a short term pullback or it's going to correct the whole cycle from November.
Chart : http://ift.tt/2ouX3aO
Blog : http://ift.tt/2qnUdFJ
Submitted May 25, 2017 at 12:00PM by AlienOvichO http://ift.tt/2qT61mI
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