COST heads up at $730 then 780 final target? Costco projections
Updated
Costco has been flying thru ATH levels with gusto.
Now approaching a confluence of fibs around $730.
Higher up is a cluster of 3 "Golden" fibs around $780.
Plotted above are three different fib sets (waves).
Thick lines are the Genesis Fibs (click for full chart).
Each fib alone could turn price, confluences more so.
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Now approaching a confluence of fibs around $730.
Higher up is a cluster of 3 "Golden" fibs around $780.
Plotted above are three different fib sets (waves).
Thick lines are the Genesis Fibs (click for full chart).
Each fib alone could turn price, confluences more so.
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Note
1st target achieved:Zoom IN (1min) for a closer look at the zone and PA
We see a couple of "Pings" (exact reflections) on the lower bound of our zone, so fib is connfirmed.
No signs of "rejection" yet but expectable staggering after hitting the zone.
Tomorrow is a Friday before 3-day weekend in US, so maybe we will see some profit taking.
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Note
Per the title of this Idea "..$780 final target" was spot on Another top NAILED by the fibs.
Certainly "a" top if not "the" top.
I have posted an updated Retrace map in this NEW IDEA:
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