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COST looks to hit $500 before tapering
Costco Wholesale
Long
COST looks to hit $500 before tapering
By christianmartin4746
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Sep 26, 2021
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Sep 26, 2021
COST has been on a strong uptrend this past year, reaching $500 would be such a milestone, and it nearly had a breakout September 24
- COST double bottomed
+ rounded volume is a good indication
+ high levels volume after earnings changing the momentum
- Stochastic Slow plot line crossed signal line
A close above $468 would be official conformation of a breakout; which looks to happen September 27.
** the arrow was showing curve in volume
Chart Patterns
Trend Analysis
christianmartin4746
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