This is my longterm view at Tupperware Brands Corp . NYSE:TUP
From 2007 coming we can count an impulsive 5 wave with a final high in Dec 2013 at a level of 97 USD marked in the chart as blue 5 of red A/1. The following correction has found an end with a low at 1.15 USD this year in Mid March, marked as blue c of red B/2.
We have now the chance of a longterm rebound in the stock in the upcoming wave red C/3. Targets can be market as A=C at 97USD / an C extension to 138% at 134 USD or as an 3 with targets of 156 USD (161.8 Extension).
From 2007 coming we can count an impulsive 5 wave with a final high in Dec 2013 at a level of 97 USD marked in the chart as blue 5 of red A/1. The following correction has found an end with a low at 1.15 USD this year in Mid March, marked as blue c of red B/2.
We have now the chance of a longterm rebound in the stock in the upcoming wave red C/3. Targets can be market as A=C at 97USD / an C extension to 138% at 134 USD or as an 3 with targets of 156 USD (161.8 Extension).