COST is tough to read
In one hand, its seems like its in an ascending wedge; accumulation is occurring more. However, a clear triple top can be seen, and bearish MACD divergence is clearly seen. 297 seems like a great value/low-risk area, but if a triple top is confirmed, we could see it dip to 270.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.