christianmartin4746

COST pullback before $500?

NASDAQ:COST   Costco Wholesale
COST has been on a strong uptrend all week with no pullback. October 22nd there was a strong rejection at the 2.618 and the whole bearish pin is outside of the BB. Looks bearish for the next week, bulls could be waiting for one last push to $500 before bearish reversal. Looking for conformation October 25th.

Price Target One: $469.80
Price Target Two: $459.97
Kommentera:
COST bounced off uptrend line and shot up, could be heading to $500


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