Conagra, More downside, prior w bottom top lines up with 261.8

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When i first started to look at this chart I was not very happy that i was spending time with it.
However the more time I started to analyze the chart, I began to like some of the confluences of where price may go to.
The 2.618 extension, lines up with a prior top of a w bottom.
I just cant seem to find anything that points out from me seeing the market respecting the 161.8.
However I am bit cautious once price goes to the the 100% extension.

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