I dont know about you guys but I love a bit of cheesecake now and again, but at these levels I think the stock is a bit pricey. Looking at the advance from the 2009 lows, I can make a solid case that its close to ending a large 5 wave advance for an impulse wave. A pullback for wave 4 of  should stay above 55.00, ideally a 3 wave decline for wave 4 finds buyers around 58.20 – 58.00. So whilst its above 55.00 I will give the benefit to the bulls and look for a new highs after a dip for wave 4 as shown.
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