Long Term Forecast for Starbucks (SBUX)

The stock has developed in an ideal channel and it looks like the major wave I from the IPO was completed in 2019. It is quite possible that a very large correction is underway. The biggest question I have: if wave 2 lasted 2 years and wave 4 lasted 2.5 years, would it be reasonable to believe that wave II lasted just 8 months? I am expecting at least one more wave down, comparable to the one in February-March, to complete a zigzag, that could be, in turn, just a wave (A) of a more complex and prolonged correction.

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